Insights - Feature Enhancements in 23.2 August Service Pack

Construction and Construction-to-Permanent segments are now available to select from the Loan Purpose options in the left panel. Use these options to segment data for construction and construction-to-perm loans.

These options are also now available to select in the Segment By options provided at the top of the Benchmark view.

In addition, Construction Only and Construction to Permanent options are now available to select from the Loan Purpose section of the Peer Groups screen when creating or managing peer groups.

Users can utilize the Configure Loan Folders option (accessible from the User Profile icon in the top-right corner of the screen) to exclude Encompass loan folders from the aggregation of loans used by Insights. Users can then include folders they previously excluded as needed. In this release, when an excluded folder is then included, the changes in the data will be reflected in real time. Previously, it could take up to 24 hours for the folder to be included in the aggregation of loans. The pop-up warning explaining this timeline is no longer triggered when users include an excluded folder. As with previous releases, when excluding a folder, the changes in the data also take effect in real time.

In 2023 the FHFA increased the loan limit for single unit properties to $726,200, an increase of $79,000 from the previous limit of $647,200. The options provided in the Loan Amount section of the left panel have been updated accordingly to replace the old $500-$624K option with $500-$726K and the old $625K+ option with $726K+. These options are also now available to select in the Segment By options provided at the top of the Benchmark view.

Please note, if you have saved any views in your Favorites list that use the old $500-624K or $625K loan amount options, those options will no longer be included in the Favorites. You will need to update the view(s) to use the new Loan Amount options. For example, if you have a Favorite view that includes the $500-624K loan amount along with other loan amounts (as shown below), the view will remain in your Favorites list after this 23.2 August Service Pack release, but the $500-624K amount will no longer be included.

Before:

After:

If the Favorite view includes only loan amounts of $500-624K or $625K, then the entire Loan Amount filter will be removed from the view.

Before:

After:

The first time you log into this new version of Insights, you will be prompted to update and save your favorite views that used the old loan amount options.

When managing the date range to apply to loan aggregation data, the From and To options in the Date Range window have been updated from a date picker to drop-down lists. This enhancement provides a more efficient method for selecting the months and years to use for the date range.

Only months and years that have already concluded are available to select from the drop-down options.