Lending

Financial institutions often need to furnish information to the Small Business Administration (SBA) pertaining to borrowers and their loans with SBA Form 1149. This form is needed when a loan is in default and all collection efforts have been exhausted.

This extract streamlines Colson 1502 reporting requirements saving time and money, improving both efficiency and accuracy.

Protecting against inadvertent errors or overlooked exceptions in the loan portfolio is the purpose of this Risk Manager bundle.

The Relationship Credit Inquiry DNAapp provides a snapshot of a person or organization’s accounts and loans with the financial, as well as the most important details of each. The single screen contains sixty fields drawn from approximately twenty-three separate DNA® screens, allowing an employee to quickly and accurately assess current and past relationship credit.

This DNAapp helps financial institutions streamline and reduce potential errors in the rate change process.

This application provides anticipated / calculated principal reductions on loans within a specified timeframe.

This application processes a comma separated values (CSV) file to update the credit scores for persons or organizations based on data in the CSV file. No account credit scores are updated by this process.

The Person Credit Score Inquiry application gives DNA users the ability to inquire on the Credit Score data of a person, or different persons associated with the account at once, and print the same data for further use if desired.

The Participation Summary application is designed to allow a Financial Institution to view a loan with multiple participation agreements on a single screen. The Participation Summary screen will list the information regarding the Borrower’s loan and will also consolidate the information on all participants attached to the loan and display any remaining balance that could be sold to another Investor or Financial Institution