Loan Processing System Automation

Benefits of Loan Processing System Automation

  Traditional mortgage lending is a complicated, time-intensive, and paper-heavy process. At a time when consumers expect faster and more streamlined digital lending experiences, traditional processes may no longer cut it. In recent times, many lenders have started the process of automating the loan processing system.  Loan processing system automation benefits both lenders and consumers…

Loan management software

Loan Management Software to Automate Your Lending Process

A comprehensive loan management software can improve the quality of services and productivity, as well as help lenders make their operation more agile and transparent. This leads to operational costs reduction and better customer service. But it works even better if it’s enhanced with software that simplifies the convoluted accounting processes. It could prove to…

Loan Custom Field

Encompass 360 Loan Custom Field Calculations – Part 3

  Our journey with the Encompass 360 Loan Custom Field Calculations continuous in this article too. In this article, we have explained a few other operators like Date-Based Operations, Calendar-Based Operations etc. Please refer our other two articles on Encompass 360 Loan Custom Field Calculations. They are: Encompass 360 Loan Custom Field Calculations – Part…

URLA 2020

URLA 2020 (Uniform Residential Loan Application) FAQs – Part 1

In this article, we will be discussing about the most frequently asked questions on URLA 2020. We hope we address most of the questions on URLA 2020. Before going into the FAQs, let us touch base Uniform Residential Loan Application (URLA) 2020. Uniform Residential Loan Application (URLA) 2020 The redesigned URLA makes it easier for…