Overview of Summit

Learn how to filter mortgage transactions, track due diligence progress, drill down into loan-level details, and export portfolio data in the Summit dashboard.

May 28, 2026 By Eddy Kup

This guide explains how to use the Summit transaction management dashboard to filter mortgage pipelines, monitor due diligence progress, and access loan-level details. Following these steps helps you maintain accurate transaction data and ensure operational alignment prior to funding.

This process is designed for transaction management, operations, and diligence teams who need to track portfolio metrics and loan status. Use these views to review daily progress, verify target closing dates, and export transaction lists for external reporting.

The Summit dashboard provides a unified view of your mortgage pipeline. You can isolate sets of loans using the left-hand navigation filters and interact with summary tables to analyze due diligence progress.

Understand Transaction Stages

The system categorizes assets to help you track their progression through the diligence lifecycle. You can select specific transaction stages to filter your view based on the current status of the loans.

Transaction Stage	Description
Acquired Pending Activation	Loans acquired but not yet activated or assigned to an investor's vault. These still reside in the RMS diligence vault.
Acquired Pending Transfer	Acquired loans with a servicer status pending transfer to the final servicer.
Bid Awarded DD Pending	Loans entering the initial diligence and transaction management phase.
Boarded No BI	Loans residing in the diligence vault that are missing from the BI data tape and require immediate curing.
Dropped	Loans that fell out of underwriting guidelines. These are kept in the system for visibility, as they might be cured later if guidelines change.
Pending Funding	Loans where valuation and diligence are complete and are ready to be funded.

Apply Dashboard Filters

The left panel provides numerous filters to narrow down the data tape. Expand these categories to isolate target loans based on equity, debt, or operational constraints.

Filter Category	Purpose
Seller	Filter by the originating seller (e.g., Angel Oak) to view their specific asset pipeline.
Trade Purchase Date	Filter by the original trade date. Never alter this data manually.
Closing Date	Filter by target closing dates. Update this field regularly to manage allocation and funding targets.
Warehouse Financing Vehicle	Filter by the bank or financial institution providing the warehouse debt line (e.g., ASP, Barclays, Goldman, JPM).
Investor Fund Name	Filter by the specific equity capital raise or investor fund (e.g., Pathfinder1, Pathfinder2).
Servicer Name	View loans assigned to specific servicing companies.
Diligence Vendor	Filter by the third-party review firm conducting the diligence.
Securitization Vehicle	Isolate loans designated for specific asset-backed security funds (e.g., Homes 2023).

Never update or modify the Trade Purchase Date. This acts as a fixed identifier indicating when the loan was first seen. Conversely, the Closing Date should be updated frequently as loans are allocated for funding.

Step #1: Click Angel Oak (or another desired seller) under the Seller section to isolate that specific portfolio view. — Click **Angel Oak** (or another desired seller) under the Seller section to isolate that specific portfolio view.

Step #2: Expand the Closing Date filter dropdown in the left-hand navigation sidebar. — Expand the **Closing Date** filter dropdown in the left-hand navigation sidebar.

Step #3: Select a specific closing date, such as 5/29/2026, to view loans targeted for that funding day. — Select a specific closing date, such as **5/29/2026**, to view loans targeted for that funding day.

Review Diligence Progress Metrics

The top-level summary metrics provide an overview of process completion for your filtered universe of loans.

Step #4: Review the Diligence Progress Metrics section to assess readiness. — Review the **Diligence Progress Metrics** section to assess readiness.

The circular gauges track critical completion percentages, including:

Valuation Done: Percentage of property appraisals and valuations completed.
TPR Data: Percentage of Third-Party Review data loaded.
DD Ordered / Completed: Progress of due diligence from initial order to final clearance.
Collateral Received: Status of physical or digital loan collateral documentation.

A deal is ready to fund when the "DD Completed" stage shows that valuation, credit reviews from TPR data, and collateral checks are fully cleared.

Drill Down into Loan-Level Details

You can use the summary data tables on the right side of the dashboard to drill down into specific transaction pools and access underlying asset records.

Step #5: In the Sellers table, click View next to the desired seller to drill into their specific inventory. — In the Sellers table, click **View** next to the desired seller to drill into their specific inventory.

Step #6: Click a specific stage, such as Bid Awarded - DD Pending, to load the loan roster in the Total Filtered Set table. — Click a specific stage, such as **Bid Awarded - DD Pending**, to load the loan roster in the Total Filtered Set table.

Step #7: Click a specific transaction ID in the Total Filtered Set table to open the individual loan record in the M3 diligence vault. — Click a specific transaction ID in the Total Filtered Set table to open the individual loan record in the M3 diligence vault.

Step #8: Review or update the property valuation history, comments, and mortgage details within the RMS property view. — Review or update the property valuation history, comments, and mortgage details within the RMS property view.

Export Transaction Data

Once you have filtered the dashboard to your desired universe of loans, you can extract the raw data tape for external reporting.

Step #9: Scroll to the bottom of the Total Filtered Set table and click Export CSV. — Scroll to the bottom of the Total Filtered Set table and click **Export CSV**.

Step #10: Open the downloaded CSV file in Excel or your preferred spreadsheet application to view all available data fields from the underlying database. — Open the downloaded CSV file in Excel or your preferred spreadsheet application to view all available data fields from the underlying database.

Q: Why are dropped loans kept in the system instead of being removed?

A: We never remove loans from the BI tape. They are kept as "dropped" because sellers often cure the underwriting issues, or underwriting guidelines change later, allowing the loan to pass.

Q: What should I do if a loan is marked "Boarded No BI"?

A: This indicates the loan is in the diligence vault but missing from the BI data tape. You will need to cure this discrepancy by ensuring the data is updated in the underlying BI database.

Q: Can I manually update the Trade Date for a transaction?

A: No, you should never update the Trade Date. This field tracks when the loan was first seen and is critical for identifying whether an asset has been reviewed previously.

Q: How do I track when a deal is ready to fund?

A: Monitor the Diligence Progress Metrics section. A deal is ready to fund when the valuation, credit reviews from TPR data, and collateral checks are all marked as completed.

Term	Definition
BI tape	The business intelligence data tape that tracks loan-level details and feeds the transaction dashboard.
TPR	Third Party Review; independent reviews conducted on mortgage loans to verify credit, compliance, and valuation.
UPB	Unpaid Principal Balance; the remaining amount of principal owed on a mortgage loan.
Warehouse Financing	A short-term revolving credit line provided by a financial institution to fund mortgage loans before they are securitized.
M3 Vault	The digital repository used to store and manage diligence documents and asset records.
AIOCR	Artificial Intelligence Optical Character Recognition used to automatically extract and process data from valuation documents.