Application Tracking
·
Entry
and tracking of loan applications.
·
Application check list monitoring.
·
Automated link of application data to loan servicing at
closing.
·
Unlimited borrowers per application.
·
Unlimited properties per application.
·
Unlimited investors per application.
·
Tracking of offering and closing data.
Support for Many Complex Loan Types
·
Adjustable rate.
·
Canadian interest.
·
Commercial.
·
Consumer.
·
Construction.
·
Discount/premium.
·
Home
equity.
·
External.
·
Farm.
·
Fixed
rate.
·
Floating rate.
·
Graduated equity.
·
Lease.
·
Multi-family.
·
Multi-part
·
Refinance.
·
Reverse.
·
Structured settlement.
·
Variable rate.
Extensive Loan Information
·
Multi-company and multi-division support.
·
User-defined loan templates with automated processing based
on loan type.
·
Agents.
·
Address
changes.
·
Bank
accounts.
·
Bankruptcy information.
·
Borrowers.
·
Collateral.
·
Collections information.
·
Default
interest.
·
Escrow
accounts.
·
Fees.
·
Foreclosure information.
·
Incentive plans.
·
Insurance policies.
·
Investors.
·
Late
charges.
·
Loan
classifications.
·
MIP
schedules.
·
Pending
changes.
·
Prepayment penalties.
·
Properties.
·
Subsidies.
·
Taxes.
·
UCC
filings.
Flexible Loan Servicing Support
·
Support
for complex and flexible interest calculations.
·
Automated loan changes, including from fixed to variable
rate.
·
Direct
and agent billing, with monthly, quarterly, semi-annual,
annual, and user-defined payment periods.
·
Flexible ARM and VRM Processing.
·
The
automatic implementation of loan changes such as from fixed
to variable rate, interest resets, and varying payment
amounts.
·
Construction loan processing.
·
Collateral tracking for an unlimited number of collateral
types.
·
Multi-payer processing for subsidized loans, with
independent tracking of borrower payments.
·
User
defined fee processing, with unlimited fees per loan.
·
Cash
and Non-Cash Payment Processing.
·
On-line
entry of cash and non-cash financial transactions.
·
Online
transaction reversals, with the ability to auto-generate new
transaction entries.
·
Transaction date and effective date processing.
·
Scheduled transactions including disbursements, principal
paydowns, and deferred interest payments.
·
Support
for both manual and automated principal disbursements.
·
Automated interfaces for ACH and lockbox processing.
·
Loan
sales and transfer support, with unlimited investors per
loan, and multi-level reporting.
·
Financial reporting by loan and investor.
·
Suspense balance processing.
·
User-defined payment application sequences by division
and/or loan (e.g. late charges, principal, interest).
·
Insurance, Tax, and Escrow Processing.
·
Insurance and tax tracking (with and without escrow).
·
Escrow
processing with unlimited escrow balances per loans.
·
Escrow
on items other than insurance and taxes.
·
Escrow
forecasts by month.
·
Vendor
payments by check, ACH, or wire transfers.
·
Escrow
analysis with calculated escrow amounts per loan per taxing
authority.
Multi-Basis Loan Accounting
·
Financial reporting on a statutory, GAAP, tax, or other
user-defined basis.
·
Cash
and accruals accounting, with multi-basis reporting.
·
Automated processing support for loans purchased at a
discount or premium.
·
Extensive reporting, including accounting, regulatory, and
investor reports.
·
Schedule B reporting (insurance companies).
·
Cash
receipts, transaction, delinquency, trial balance, and other
key reports.
·
Month
end recording of key loan status information.
·
Automated interfaces to external general ledger system, with
user-defined filters and account numbering.
·
Support
for year-end tax filings and UCC filings.
Delinquent Loan Monitoring and Restructuring
·
Multiple options for the automatic calculation of late
charges.
·
Bankruptcy tracking.
·
Multiple types of loan holds.
·
Collections support with the auto generation of delinquency
letters.
·
Automated integration with LOANS!’ Workflow Management
sub-system for additional delinquency tracking features.
·
What-if
restructuring support that includes the automated deferral
or capitalization of interest, and the ability to
automatically apply your approved changes.
·
Automated support for workouts and write-downs.
Investor Tracking and Reporting
·
Unlimited investors and/or participants per loan.
·
Up to
three levels of investor participation (e.g. company,
product line, product).
·
Extensive financial reporting by loan and investor.
·
Financial transactions and month end accrual information by
investor.
·
Loan
sale and transfer history.
Project Tracking
·
Project
tracking support.
·
Ability
to track unlimited loans per project.
·
Master
and subordinate loan tracking.
·
Risk
management by project.
Real Estate Asset Management
·
Unlimited properties per loan and unlimited loans per
property.
·
Master
and subordinate property tracking.
·
Unlimited financial statements by property and loan
(operating, non-operating, balance sheet).
·
Automated calculation of financial statements across loans.
·
Rent
rolls by property with the automated calculation of
occupancy and rollover.
·
Construction project tracking, including budgets, funding,
and draws.
Risk Management
·
Risk
management by loan and project.
·
Automated tagging of user-defined ratings, using a variety
of risk criteria.
·
Risk
management reporting.
Powerful Sub-Systems At No Additional Cost
·
Automated workflow management support, with user-defined
action queues.
·
Image
and document management, with the ability to view images and
documents.
·
Contact
management for the people and organizations associated with
your loan portfolio.
·
Extensive change audit control that tracks what changes were
made, by whom, and when.
·
Integrated ReportWriter™ for ad hoc reporting and data
export, with links to Microsoft Word® and Excel®.
Application Keywords
· Asset
Management Software
· Commercial
Loan Accounting Software
· Commercial
Loan Management Software
· Commercial
Loan Processing Software
· Commercial
Loan Servicing Software
· Commercial
Loan Software
· Economic
Development Loan Accounting Software
· Economic
Development Loan Management Software
· Economic
Development Loan Processing Software
· Economic
Development Loan Servicing Software
· Economic
Development Software
· Government
Agency Software
· Housing
Authority Software
· Investor
Advisory Software
· Investor
Reporting Software
· Investor
Software
·
Investor Tracking Software
· Loan
Accounting Software
· Loan
Management Software
· Loan
Processing Software
· Loan
Servicing Software
· Loan
Software
· Mortgage
Accounting Software
· Mortgage
Information
· Mortgage
Management Software
·
Mortgage Processing Software
·
Mortgage Servicing Software
· Mortgage
Software
· Multi-family
Loan Accounting Software
· Multi-family
Loan Management Software
·
Multi-family Loan Processing Software
· Multi-family
Loan Servicing Software
· Multi-family
Loan Software
· Multi-family
Software
· Real
Estate Asset Management Software
Back to Top
