The Portfolio Monitoring service from PropMix enables a lender to monitor their loan book daily for updates that would impact the quality of their assets. Given the dynamic nature of the real estate market, it is imperative that the customer keeps an eye on the properties to ensure preservation of capital invested in the business, and minimize chances of capital loss. This helps the customer keep tabs on market activity, such as notices of default, pre-foreclosure, and foreclosure activity, for the properties in its portfolio. PropMix does all the heavy lifting – market data gathering, data management, and business event monitoring. The alerts identified pass through a rigorous quality check to ensure that they meet high standards for data and insight quality. These alerts are then delivered to the customer’s asset control team as an input to their monitoring process. Alert delivery is also customizable for each client – frequency (daily, weekly, etc.) and channel (APIs/files).
» PropMix Announces the Launch of Portfolio Monitoring service