LoanCare launches IllumineX for mortgage servicing
LoanCare announced in a press release the launch of IllumineX, an AI platform for mortgage servicing operations. The platform analyzes servicing data to identify borrower risk patterns, personalize engagement and recommend actions.
IllumineX can detect signs of borrower stress and connect its findings with operational workflows. It also examines communication behavior and preferences to support retention efforts and business process changes.
LoanCare said the platform follows mortgage industry governance and compliance controls and can provide an auditable record of its decisions. The company will preview IllumineX at the MBA Annual conference in Chicago next week.
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