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February 29, 2008
Harland Financial Solutions Introduces New Service Release Module
Harland Financial Solutions has rolled out a new Service Release Module for the Interlinq Loan Servicing system.
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, Harland Financial Solutions adds.
Posted by S. Germain at February 29, 2008 08:34 AM