Mortgage Lending
Streamline mortgage services, manage risk and improve recovery rates
Mortgage Origination
Streamline mortgage services, deepen customer relationships
Bidirectional interface
Reaches into centralized core to pull customer data
Imports updated directly in Core
95% of data synced
Autocheck for changes during import
Deep integration with MortgageBot and Mortgage Builder
“The accuracy that we’ve been able to have over the years with the system is great.”
Greg Binns · President
First National Bank
Kansas
Mortgage Servicing
Service mortgage payments, borrower inquiries, P&I, escrow and more
Flexible Payment Schedules
- Integration with bill records
- Unlimited number of schedules
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Schedule types include:
- Level P&I
- Interest only
- Principal and Interest
- Multiple and irregular
- Payment skips
Escrow Processing
- Flexible disbursement capability
- Automatic escrow analysis
- Automatic escrow preliminary analysis
- Ability to update all escrow records on one screen
- Ability to run test escrow analysis on accounts
Payment Reversals
- Reverse one or multiple transactions for one screen
- Reverse all transaction types, including payoffs
- Complete reversal transaction tracking
- User-selected screen navigation
- Reversed transaction following for easy re-posting
- Exclude reversed transactions from customer view
Investor
Support of Freddie Mac, Fannie Mae, MPF-Xtra, MPF and private investor processing
- Automated contra accounting
- Streamlined payment to your investors' custodial accounts
- Ability to automatically post funds to bank's preferred account
- Dedicated monitoring
Delinquency Processing
Improve at-risk mortgage recovery rates
Supervised and Classified Tracking
- Track mortgages at risk of non-payment
- Maintain information related to mortgage risk
- Track risk, reserve and borrower’s information and background
Shadow Accounting
- Charge off and place in shadow in one step
- Track customer and bank transactions separately after payment
- Dedicated monitoring for both bank and customer
- Easy payment processing
- No change to customer look
Partial and Full Charge Off
- Complete partial and full charge off tracking
- Easy payment processing
- Dedicated monitoring
Delinquent Messaging
- Document all customer communications
- Monitor and deaccession all documentation
Non-Accrual
- Complete partial and full non-accrual tracking
- Easy payment processing, dedicated monitoring
- Control accrued interest
Collateral Tracking
Maintain and track mortgage collateral information
- Unlimited records at customer or account level
- Track collateral value, unique addresses and mark for tax reporting
- Tie and copy records to multiple customers or accounts
- Track review and expiration dates
- Track additional collateral components using bank defined fields
- Designate collateral, lien position and 1098 reporting indicator
- Flexible search for quick record lookups
