Interim Servicing Manager
Interim Servicing Manager
Eliminate the need to open loans for interim servicing
This tool provides a way to update loans with payment & escrow disbursement entries in batch or automatically. It virtually eliminates the need to go into individual loans for any interim servicing tasks, including the printing of a 1st payment letter or other documentation.
We took our Start Servicing and Escrow Auto Disbursement tools and joined with the Interim Servicing Manager. The result is a batch update utility for the “add payments” and “escrow disbursements” found on the interim servicing worksheet in Encompass.
FEATURES & BENEFITS
Batch import payments & escrow disbursements from an external source
Print and add 1st payment letter to eFolder
Auto-trigger escrow disbursement entries with field 2835 (saves 1,500 clicks per every 100 loans closed)
Automatically start servicing in any loan (saves 700 clicks per every 100 loans closed)
Batch option to launch Start Servicing right off the pipeline view