LoanCare Launches IllumineX™: An AI-Powered Intelligence-to-Action Platform that Optimizes Borrower Engagement and Business Process Improvement
LoanCare (FNF) has launched IllumineX, an AI-powered platform designed to connect mortgage-servicing data analysis with borrower engagement and operational workflows.
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LoanCare (FNF) has launched IllumineX, an AI-powered platform designed to connect mortgage-servicing data analysis with borrower engagement and operational workflows. The company said the platform is designed to identify borrower stress, personalize outreach and recommend actions, with an auditable record of its decision-making. LoanCare will offer previews at MBA Annual in Chicago next week.
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Using advanced AI and machine learning, IllumineX analyzes data across LoanCare's servicing environment to:
- Detect emerging borrower stress earlier, enabling outreach before issues escalate, improving cure rates and protecting clients' cash flow.
- Improve retention using personalized engagement strategies tailored to each borrower's communication behavior and preferences.
- Enhance operational performance and rapid business process improvement.
"While many organizations are embracing AI to improve efficiency, our primary focus in developing IllumineX was to create a groundbreaking product that can significantly improve the outcomes for our clients and their borrowers," said Dave Worrall, president of LoanCare. "IllumineX leverages the incredibly valuable data captured in the servicing process and turns it into actionable strategies for better portfolio performance. It will be a force multiplier that will help LoanCare teams uncover opportunities and risks, moving from knowing to doing faster than ever before."
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IllumineX was designed to meet industry governance and compliance guardrails and can provide an auditable record of its decision making, the company said.
LoanCare will be offering previews of IllumineX next week at MBA Annual in
About LoanCare
LoanCare® is a leading provider of full-service mortgage loan subservicing, including special loans, private label and retention marketing services. The award-winning company is known for delivering a superior customer experience through personalization and convenience. Its proprietary portfolio management platform, LoanCare Analytics™, identifies risk and opportunity quickly to enable smarter decision-making across the servicing spectrum. For more than 40 years, LoanCare has been servicing loans for banks, credit unions, independent mortgage companies and portfolio investors. LoanCare is part of Fidelity National Financial (NYSE: FNF), a Fortune 500 company and leading provider of title insurance and transaction services to real estate and mortgage industries. For more information, visit www.loancareservicing.com.
View original content:https://www.prnewswire.com/news-releases/loancare-launches-illuminex-an-ai-powered-intelligence-to-action-platform-that-optimizes-borrower-engagement-and-business-process-improvement-302902563.html
SOURCE LoanCare