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| Warehouse Loan Funding System - (WLFS ™) is designed |
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| for the Warehouse Lender to manage interim loan funding |
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| for Loan Brokers (Correspondents) that sell loans to End |
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| Investors. The system has been designed to give the |
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| Warehouse Lender the TOTAL SOLUTION for in-house |
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| processing along with comprehensive reports for the |
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| Brokers. |
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FLEXIBLE LOAN TYPE AND BROKER OPTIONS |
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Unlimited Loan Types and Broker Loan Types |
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determine the interest calculations, fees, aged loan |
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criteria, warehouse limits and interest billing terms. |
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COMPREHENSIVE COLLATERAL TRACKING |
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Extensive tracking on loan documents, aged loans and |
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end investors. |
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COMPLETE ACCOUNTING FUNCTIONS |
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Sophisticated accounting features include the full |
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integration of general ledger to offset against loan |
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advancements, payoffs, accruals, interest and fees. |
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UTILIZES RESULT EMBEDDED DATA |
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'Result Embedded Data’ allows users to; |
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recreate notices and reports for any processing date |
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without the need for a COLD system |
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Create virtual trial balances, accrual and rate histories |
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Base reversals on all of the original transaction and GL |
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offset information, regardless of transaction date |
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