LooK! Predatory Loan Analyzer Intro.

Data Analysis

predatory Loan Analyzer PLA

Loan originators have a growing problem verifying that the loans are compliant with Section 32 (HOEPA). LooK Data Analysis provides products for compliance.

LooK has always felt that the highest risk for Loan fee compliance lies with the loan originator, for they are responsible for most of the fees. How do you lower your compliance risk and minimize your expense?

Look! Data Analysis, is the established leader in regulatory compliance analyses for the primary market. LooK! 's PLA is the only Internet provided web application on the market that offers access to Section 32 analyses. This is made possible because LooK! PLA service is a simple pay-as-you-go payment system, using the very popular Yahoo PayPal.

Other services provide only subscriptions with prescribed length of term contracts, or dedicated expensive "software suites" to install. With LooK!'s PLA, you simply do one loan analysis and you pay for one loan analysis. This keeps your costs to a minimum. See how analysis credits work here.

PLA Web Application uses the Reckoner Analysis Engine and provides web browser worksheets for 18 Federal, State, and local laws. Experience PLA Web Application free demo. Send a request for more PLA Web Application product information and pricing here.

This is the opening window for Predatory Loan Section 32 Analyzer Application.

Select the radio-button for the desired State or general purpose worksheet.

Then click View button to open the selected Analysis Worksheet.

Select Worksheet

This is the North Carolina Worksheet for entering loan data for demonstration

Notice that there is an auxilary calculator opened named Miscellaneous Fees to the right. Also, ?-marks are for help pop-ups.

Addition sub-calculators Other and Excluded help enter data into the main worksheet.

The Miscellaneous Fees sub-calculator transfers its sum to the worksheet upon clicking the Use Fees button.

Upon completing data entry into worksneet, one clicks on the Calculate button.

Analysis Worksheet

Once Reckoner analysis engine processes the data the Result data is sent back.

This is the worksheet with the Result of the analysis appended to the bottom.

The Details button can optionally be clicked to bring up more result data.

Or the New Calculator button brings you back to the Select Calculator window.

The Clear button clears worksheet, analysis results for entering new analysis data.

New Calculator button returns to Select Calculator window.

Result


				This is the Details Window showing all of the analysis and result data along with the amount overage causing a Fail status.
	Details partial


				At the botton of the Details window, there is a link for printing Details or a button for E-mailing the results. Also available are buttons Clear Data and New Calculator for continuing with more analysis.
	Result Details, Print and Email