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The new Fee Calculation screen allows the User to view the Borrower’s loan and collateral information in order to assess a fee, while also giving the flexibility to choose what values will be included in the fee calculation and how the fee will be calculated.
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This application enables financial institutions to adjust the rate on investor loans as per the rate change on the loan account.
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This DNAapp provides the flexibility for loan accounts to have the contractual payment amounts recalculated either on advance, on rate change, on advance and/or rate change, or on demand.
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This DNAapp will automate a skip payment extension for calendar period loans.
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This DNAapp will modify the statement extract record 4000 and include the contractual payment amount in effect for the account in the absence of any active receivables in the payment sequence for the account.
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This DNAapp provides a recap of transactional activity for loan accounts that meet certain exception criteria.
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The Loans Paid Ahead Utility application will restart your institution’s cash flow by resetting paid ahead loans back to a current date. The reset loan will create new receivables that will in turn restart your cash flow.
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The Member Number Bill Update will place the tax owner's Member Number in a specific location on a bill.
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This DNAapp strips the Guarantor information from Data Segments J1 and J2 in the Metro II extract file.
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This DNAapp is designed for Massachussetts institutions to product an extract file that can be sent to the Massachussetts Housing Finance Authority, along with a report that summarizes the information on the extract file.