Compass Mortgage Now Using Alight Mortgage Lending

Direct mortgage lender Compass Mortgage is now using Alight Mortgage Lending for continuous reforecasting.

Alight is a provider of cloud-based applications for real-time, dynamic scenario comparison and analysis, what-if scenario analysis, and dynamic forecasting.

Alight Mortgage Lending is a cloud-based application that is accessible from anywhere, anytime and from any device. It gives mortgage bank CEOs, firm owners and their teams the ability to see the financial impact of decisions, before they’re made.

Built specifically for mortgage banking, the software provides executives the information they need to forecast financial results, optimize operations and make decisions in real time, even in changing markets.

“Alight’s multiple scenario and what-if analysis capabilities will help us be more proactive – rather than reactive – in managing our company and help improve the accuracy of our long-term cash flow projections, breakeven analyses and measurement of warehouse covenants,” says Kevin Williamson, president of Compass Mortgage, in a release.

Alight Mortgage Lending connects to the general ledger and pulls data from loan origination systems and capital market providers so that lenders are able to run unlimited what-if scenarios and see the impact of decisions ripple throughout the enterprise to financials- including cash flow, P&L and the balance sheet.


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