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E-Mortgage

The E-Mortgage Company offers a large and unique collection of home loan programs. The company provides a home loan calculator so you can estimate your potential monthly payments, check current loan rates, and estimate how market fluctuations will affect your monthly payments.
E-Mortgage Application Right Arrow Rule Flow Right Arrow Business Rules
The E-Mortgage Company has implemented a new tool that automates the implementation of their loan application policy, providing fast turnaround of decisions and enhancing collaboration between departments and teams.
 
E-Mortgage Application
E-Mortgage Application
There are several business decisions regarding validation, eligibility, risk assessment (including scoring, grading and referral) and pricing in the mortgage loan process.
 
The following is an example of rule flow in ILOG JRules. It shows how all these decisions are invoked as a group to make an overall decision without human intervention. The rule flow documents the business decisions that require the management of business rules. The notes identify the business rules needed for some decisions.
 
Rule Flow
Rule Flow
This example shows the business rules that were implemented in ILOG JRules to determine the rate adjustment for a customer's loan:
 
Busines Rules