 |
 |
 Knowledge Space International' Loan Servicing Systems enables loan providers, mortgage companies, hard-money lenders, commercial banks, contract providers, builders/developers, private lenders and seller-financed mortgages to manage their loan assets effectively and with minimal complexity.  The Loan Servicing Systems provides the client the ability to share revenue generated by the servicing portfolio in multiple ways. The system calculates and distributes all late charges, interest rate differentials, prepayment penalties, lender servicing fees and any other revenues amongst the loan asset stakeholders in accordance to pre-specified ratios. Loan information: The system maintains an instantly accessible and manageable loan file that contains all pertinent information about the loan asset.
The Loan Servicing Systems provides the client the ability to design and send notices to customers regarding:
As loan servicing becomes more complex with a wide array of brokers and lenders; advance tracking becomes increasingly complex and tedious. The Loan Servicing System accurately tracks the advance payments made by brokers or lenders and automatically calculates interest on those advances at a predetermined rate. After the borrower or lender repays the advance, the system automatically reimburses the broker.  |
 Case Study Managing migration of a leading Financial Service Provider's client-server Tax software product to a state-of-art web-based solution To know more click 
Recently Visited Pages |
