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Coforge helps bank move up 5 places in J.D. Power overall satisfaction for mortgage origination

The Client

Leading Top 20 U.S. Regional Bank

Challenge

  • J.D. Power 2015 U.S. Primary Mortgage Origination Satisfaction Study  

Solution

  • An innovative customized ‘Minimum Submission Checklist’ from Coforge reduced UW/Approval Turn time from 11 days to 8 days
  • Additionally, Coforge supports all of the Bank’s Application & Approval functions & 80% of end-to-end Mortgage process

Value Delivered

Enhanced Client Market Rating on Origination Business

  • Improved customer satisfaction ranking
    • Bank moved to 2nd Rank ( earlier 7th rank)
  • Maximum increase in scores in the “Application/Approval” process ratings factors
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