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POWERFUL PLA CAPABILITIES
See How Purchased Loan Automation Works
Across the Full Loan Lifecycle
Automated Intake
Capture Purchased-Loan Data Automatically
Participate ingests purchased-loan data from emails, spreadsheets, PDFs, and agent notices, then extracts and standardizes fields into a consistent format—no manual re-keying required.
Outcome: Faster onboarding, cleaner data from day one.
System Comparisons
Compare Seller Notices to Your Core
Automatically reconcile incoming payment and activity notices against your core and loan accounting systems. Participate flags only true variances—so teams focus on exceptions, not spreadsheets.
Outcome: Fewer breaks, faster month-end.
Exception Workflow
Review, Approve, and Resolve Exceptions
Route discrepancies to loan ops and accounting with clear context, approvals, and documentation. Every decision is tracked with a complete audit trail.
Outcome: Stronger controls, audit-ready workflows.
Posting & Audit
Post Clean Updates Back to Your Systems
Once approved, validated updates are pushed back to your core and accounting systems—ensuring consistent balances, accurate postings, and a permanent record of every change.
Outcome: Confidence at close, fewer post-close adjustments.
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WHY PURCHASED LOAN AUTOMATION
Discover Why Participate Is the
Standard for Purchased Loan Automation
Automated Purchased-Loan Intake
Capture purchased-loan data automatically from emails, spreadsheets, PDFs, and agent notices. Eliminate manual re-keying and normalize inconsistent seller data into a clean, standardized format from day one.
Exception-Based Reconciliation
Participate compares seller and agent notices directly to your core and loan accounting systems. Only true exceptions are routed to loan ops and accounting—so teams spend time resolving issues, not reconciling spreadsheets.
Audit-Ready Posting & Controls
Approve exceptions, post clean updates back to your systems, and maintain a complete audit trail for every change. Improve month-end close, reduce breaks, and operate purchased loans with controls examiners expect.
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How It WOrks
Automate Purchased Loan Operations
in Three Simple Steps
- START
1
Ingest Purchased-Loan Data
Automatically capture payment notices, statements, and files from sellers and agents—then standardize the data without manual re-keying.
2
Validate Against Your Systems
Participate compares incoming seller and agent data directly to your core and loan accounting systems—flagging only true discrepancies that require review.
3
Resolve, Post, and Audit
Approve exceptions, post validated updates back to your systems, and maintain a complete audit trail—supporting clean reconciliations and confident month-end close.
- FINISH
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Integrations
Seamless Integration Across Your
Core Lending and Accounting Systems
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FAQ
Frequently Asked Questions
Any type/size.
No. You can start instantly; publish in minutes.
You can go live in just one day — no integration required.
Only the lenders you invite, or optionally, you can publish to the broader network of 600+ financial institutions.
Yes, optional. (Full Participate platform provides automated servicing, shared balances, and notifications.)