Features

• Servicing of Multiple Amortization Types (Including User-Definable)
• All Activity History Available On-Line for Viewing & Printing
• User-Definable Payment Spreading Parameters
• Automated Payoff Calculations
• Interface to Lock-Box Collection
• Interface "Wires" to Banks to move Moneys to Correct Bond Series
• Process Step Rate and Buydown Loans
• Print Coupons for One Loan or Group of Loans
• Calculate Late Charges
• Automatic Payment Reversals
• Batch Totals Readable On-Line while Keying Receipts
• Year-End IRS Reporting (Magnetic Media)

Reporting

• Daily Activity Report Writer
• Monthly Activity Report Writer
• Loan History Report
• Print Coupons
• Reminder (Delinquency) Letters
• Late Charge Notification Letters
• Collection Report
• Investor Cut-Off Reports
• Cash Transfer Report
• Year-End Statements
• Annual FHA Payoff Quotes
• Payoff Quote
• Trial Balance
• Activity by Batch
• Print Due Amounts