A modern alternative to legacy platforms.
All loan instruments and types are supported including:
Real-time posting of transactions.
Escrow is automatically collected, accrued and disbursed by the system. Accrual and non-accrual escrow disbursements are supported.
Investor reporting supports all investor requirements, including GNMA, FNMA, FHLMC and MBS pool reporting. Year-end reporting includes user-selectable statements, all IRS required forms and the IRS submittal electronic submission.
Easy to use tools and interfaces to help users respond to inquiries.
Ability to define and manage custom letters and statements. Documents are formatted to your specifications with embedded variable data. Documents can be printed on demand, in bulk at scheduled times or automatically generated based on pre-established selection criteria. Documents may be generated in electronic or physical formats.
Flexible and scalable retention and access to mortgagor documents are provided by the document management module.
The Collections module helps lenders collect delinquent payments, fees and late charges with a fully integrated and interactive collection system.
The platform supports a universal tracking sub-system that allows users to track any procedure they desire. Such as:
The system tracks start, stop and completion dates with comments associated with each event. A complete set of tracking reports are provided.
The platform supports a comprehensive set of management and operational reports.
Automated monitoring and force-placement of hazard insurance.
Year-end processing is fully automated.
Automated mortgagor reporting to credit bureaus
Integrated with a variety of 3rd Party Services and Providers
Mortgagors can easily register for secure online access to their loan account. After logging in, they have access to the following features: