How do Canadian banks use pre-mover data?

Canadian Schedule I and II banks use pre-mover data in four main workflows. First, mortgage discharge prediction: a listed property held against a mortgage signals an upcoming discharge, allowing the lender to prepare a retention offer for the next property. Second, refinance origination: listing activity often precedes a refinance or HELOC redraw, identifying origination opportunities at the point of maximum customer engagement. Third, retention: the move event is when borrowers most often switch institutions. Fourth, collateral monitoring: a listing on a property securing a mortgage is a leading signal of a change in collateral status.

How does pre-mover data fit into a bank's data warehouse?

BrightCat PreMovers delivers through Snowflake Secure Data Share, which most Canadian banks already operate. The data sits live inside the bank's Snowflake account, joinable to mortgage portfolio tables, customer records, and decisioning models without an ingestion pipeline. Flat-file delivery and MCP connector access are also supported for banks running mixed-stack environments.

Does pre-mover data work for mortgage portfolio risk monitoring?

Yes. Listing-stage signals on properties securing mortgages are one input to a broader portfolio monitoring workflow. BrightCat's sold data, repeat-sale price index, and distressed-seller indicators are available on the same pipeline, supporting portfolio risk monitoring, default prediction, and stress-test data preparation alongside the pre-mover signal.

Is BrightCat used by Canadian banks today?

BrightCat is built for Schedule I and II bank procurement requirements: enterprise commercial licensing under the MDLA, Snowflake-native delivery, documented methodology, PIPEDA-consistent data shape, and a Security & Compliance posture sized for regulated procurement review. The data is delivered to Canadian financial institutions through the same procurement and onboarding workflow as other regulated data vendors.

Pre-Mover Data for Canadian Banks & Mortgage Lenders

The discharge window

A listing is a mortgage event

When a Canadian homeowner lists their property, a mortgage discharge is usually weeks away. Whichever lender finds out first wins the next loan.

Every residential real estate property listing in Canada is also an upcoming mortgage event. The household is preparing to sell, which means the existing mortgage on the property is preparing to discharge. The household will need a new mortgage on the next property — or a refinance, or a HELOC redraw, depending on what the move triggers.

For Canadian banks and mortgage lenders, the listing event is the earliest signal that one of these decisions is coming. The window between listing and closing is typically 4 to 12 weeks. Inside that window, the borrower has time to evaluate their options. The lender that engages early — proactive retention call, pre-approved transfer offer, refinance conversation — keeps the relationship. The lender that finds out from a discharge notice has already lost it.

"A listed property is a signal that a mortgage may be discharged, a new mortgage may be originated, or a home equity line may be redrawn."

What a banking-grade pre-mover record looks like

For mortgage portfolio and origination use, banking workflows need property identity, lifecycle context, and joinability to the existing portfolio — not just a mover flag. The BrightCat PreMovers shape is built for this:

Persistent property identifier. The same property keeps its identity across relistings. This is what makes a longitudinal join to the mortgage table reliable, especially for relist activity that must be linked to the original property record.
Lifecycle classification. NEW, RELISTED, PRICE_CHANGED, SOLD, WITHDRAWN. A price drop on a listed property is motivation increasing — a stronger discharge signal than the initial list.
Address-level granularity. Validated, geocoded, joinable to the collateral address field as it exists in the mortgage administration system.
Sold-event linkage. When the listed property transitions to sold, the sold record links back to the same persistent property identifier. The discharge timing becomes predictable.
Weekly cadence. The same file shape every week, since 2014. Stable for monthly portfolio review cycles and for production retention workflows alike.

Use cases

Four bank workflows, one dataset

Discharge prediction

A listed property held against a mortgage signals discharge in 4 to 12 weeks. Match the weekly pre-mover file against the mortgage portfolio to surface upcoming discharges before the borrower files paperwork.

Refinance & HELOC origination

Listing activity often precedes refinance, transfer, or HELOC redraw activity. The borrower is at the point of maximum engagement with their property's financial position.

Borrower retention

The move event is when borrowers most often switch institutions. Pre-mover signals route at-risk relationships into the retention team before the borrower starts shopping rates.

Collateral monitoring

A listing on a property securing a mortgage is a leading signal of a change in collateral status. Used alongside sold data and the BrightCat home price index for portfolio risk monitoring.

Property-level data, built for the warehouse

The data joins to the mortgage book

BrightCat PreMovers delivers as a continuously-maintained property dataset. Inside the bank's Snowflake environment, the data joins to the mortgage book on address. Inside the portfolio monitoring workflow, it feeds discharge prediction. Inside the retention motion, it routes audiences to the right team. The data foundation sits in the warehouse, available to every downstream model rather than packaged for one campaign.

For banks whose decisioning sits in Snowflake, the warehouse-native shape is what makes the data foundational. Every downstream use case — discharge prediction, refinance origination, retention, collateral monitoring — runs on the same dataset.

Delivery

Snowflake Secure Data Share. Live in the bank's Snowflake account. SQL against shared views, no ETL, weekly refresh.
Snowflake Marketplace. Procurement-friendly acquisition path for institutions that prefer Marketplace contracts.
MCP connector. AI-native access for credit decisioning copilots, retention agents, and LLM workflows.
Flat file. Weekly CSV or Parquet drops for teams running existing portfolio infrastructure.

Procurement

Built for Schedule I and II procurement

Snowflake-native delivery, documented methodology, PIPEDA-consistent data shape, and the licensing posture banks expect.

Canadian banks run multi-stage procurement, privacy, and security reviews on every data vendor. BrightCat is built around that workflow:

PIPEDA-consistent delivery. Property-level data joins to mortgage and customer records inside the bank's existing consent framework.
Snowflake Secure Data Share. Inherits Snowflake's SOC 2 Type II and ISO 27001 controls. Data does not leave the bank's Snowflake environment.
BrightCat MDLA. 12/24/36-month enterprise licensing with explicit AI/ML training rights. Designed for procurement contract review, not subscription click-through.
Documented methodology and source provenance. Published at /methodology/ for diligence review.
Security & Compliance posture. Full documentation at /security-and-compliance/.

Catch the mortgage before it discharges