Overview

The Lending WG has developed Business Scenarios around products like Consumer Mortgage Loan, Uncollateralised Consumer Loan and Merchandising Loan. These scenarios will be maintained and if requests come in they will be extended. The WG has now shifted its focus to Loan Securitisation.

Service Domains

Managed Service Domains

  • Loan
  • Consumer Loan
  • Corporate Loan
  • Corporate Lease
  • Merchandising Loan
  • Mortgage Loan
  • Fiduciary Agreement
  • Collateral Allocation Management
  • Collateral Asset Administration
  • Collections

Monitored Service Domains

Monitored Service Domains include all Service Domains which are being used in Lending-created Business Scenarios.

Deliverables

The WG has currently produced the following Business Scenarios (the scenarios of which the names start with EXT are external access enabled):

  • Origination and Closing of Consumer Mortgage Loan
    • Handle Mortgage Loan Application
    • Conduct Collateral Appraisal
    • Conduct Mortgage Loan Processing
    • Perform Underwriting
    • Process Closing of Mortgage Loan
    • Disburse Mortgage Loan
  • Origination and Closing of Merchandising Loan
    • EXT Handle Merchandising Loan Application
    • EXT Prepare Transfer of Ownership/Title
    • Perform Underwriting for Merchandising Loan
    • EXT Process Closing of Merchandising Loan
    • EXT Disburse Merchandising Loan
  • Renewal of Uncollateralised Consumer Loan
    • EXT Handle Request for Renewal of Uncollateralised Consumer Loan
    • Perform Underwriting for Renewal of Uncollateralised Consumer Loan
    • EXT Process Closing of Uncollateralised Consumer Loan
    • EXT Disburse Uncollateralised Consumer Loan
  • Modification of Merchandising Loan
    • EXT Handle Request for Modification of Merchandising Loan
    • Perform Underwriting for Merchandising Loan
    • Process Modification of Merchandising Loan
  • Securitisation
    • Process Selection of Loans for Securitisation
    • Select Buyers for Securities

 

Interested in this Working Group? Please contact us on info@bian.org