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January 18, 2008
Harland Financial Solutions Streamlines Mortgage Servicing Releases
Harland Financial Solutions today announced the availability of its new Service Release Module for the Interlinq® Loan Servicing system. By eliminating several manual tasks, the new application further automates loan servicing for increased customer service and cost savings.
To streamline servicing releases, the Service Release Module supports the sale of loans by batch to each purchasing company. By importing data from Microsoft® Excel® spreadsheets, text files, or Microsoft Access® databases, servicers can avoid re-keying loan information and associated errors. Once the batch sale is processed, general ledger entries are automatically created for various loan balances, fees and adjustments to export to the accounting system, saving additional manual entry. Based on servicer criteria, the system also creates goodbye letters and follow-up ticklers.
Posted by S. Germain at January 18, 2008 08:27 AM