The Collingwood Group and Motivity Solutions announced the availability of a new technology, called NW-Insight, that provides automated access to business intelligence on the Federal Housing Administration’s Neighborhood Watch database.

The new technology provides FHA mortgage lenders, Ginnie Mae issuers, and warehouse lenders with a combination of easy-to-use Web-based analytics, including dashboards and scorecards, to monitor loan performance and to identify and track default trends within an individual organization.

It will help them manage and monitor the FHA compliance of their businesses or the companies they actively do business with, including the performance of their correspondent lenders and third-party originators.

The tool helps avoid potential credit watch and direct endorsement terminations through alerts and ad hoc scenario planning, the companies said in a joint statement released during the MBA's 99th Annual Convention & Expo under way in Chicago.

"Staying aware and ahead of positive and negative trends in your FHA business performance has never been more critical," said Brian Montgomery, chairman of The Collingwood Group. 

"NW-Insight combines the deep industry insight of The Collingwood Group and the technology innovations of Motivity Solutions to create an on-demand, automated reporting tool that will allow FHA lenders, servicers and investors to capture and analyze key data from FHA’s Neighborhood Watch database," said Tyler Sherman, CEO of Motivity Solutions.