Let’s talk Alert Monitoring

So, what is Alert Monitoring all about?

Alert monitoring refers to software solutions that alert a lender if a customer or prospect applies for a mortgage from another lender, lists their property, etc.

 

This not only helps mortgage lenders identify opportunities for customer retention or customers to watch out for, but it also helps them to identify fraud or customers who are double-dealing.

Alert Monitoring Benefits

For Mortgage Professionals

Avoid Fraud

Alert monitoring helps lenders identify cases of mortgage fraud before they happen.

Prevent Double-Dealing

Alert monitoring helps lenders identify customers who are “double-apping” — committing to more than one loan application, only to back out of one or all of them.

Focus On Loyal Customers

Loan originators don’t have to waste their time with applicants who play games. Instead, they can focus on serious and committed applicants.

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Mortgage Specific Alert Monitoring Companies

Black Knight’s Lien Alert
PhaseWare
PRTG Network Monitor

PRTG Network Monitor

Sales Boomerang

FOR YOU

Alert Monitoring Resources

  • Whitepapers
Whitepaper-choosing a right tech vendor@2x

Choosing the Right Technology Vendor

We go through the complete decision-making process when choosing the right technology vendors, helping you make the most of every step.

ON OUR BLOG

Alert Monitoring Insights

Blog-Closing the LendingGap with AI and ML

Closing the Lending Gap with AI and ML

Prior to the Covid-19 pandemic, the financial industry was already evolving at a rapid pace, mainly driven by evolving customer expectations, advancement in technology, and

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