Interim Servicing Manager

Interim Servicing Manager

$2,495.00

Eliminate the need to open loans for interim servicing

This tool provides a way to update loans with payment & escrow disbursement entries in batch or automatically.  It virtually eliminates the need to go into individual loans for any interim servicing tasks, including the printing of a 1st payment letter or other documentation.

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We took our Start Servicing and Escrow Auto Disbursement tools and joined with the Interim Servicing Manager. The result is a batch update utility for the “add payments” and “escrow disbursements” found on the interim servicing worksheet in Encompass.

FEATURES & BENEFITS

  • Batch import payments & escrow disbursements from an external source

  • Print and add 1st payment letter to eFolder

  • Auto-trigger escrow disbursement entries with field 2835 (saves 1,500 clicks per every 100 loans closed)

  • Automatically start servicing in any loan (saves 700 clicks per every 100 loans closed)

  • Batch option to launch Start Servicing right off the pipeline view