Tuesday, April 27, 2010

Loan Software For The Mortgage Industry

Document Management can be a generic term that may mean a whole lot of issues to a number of different people. Some people hear doc management and consider storing laborious copy paper files in a secure location. Others could think of it by way of digital hosting of documents. Still others may think that document management refers solely to the imaging and availability of documents online.

mortgage softwareATLOS is serving the area of interest document administration market for mortgage companies. As with all niche business a lot of your rivals will change into very generic in nature and not cater to the specific needs of the niche market being served. This too is the case with ATLOS and mortgage software program for the electronic loan file industry.

It’s important that the workforce of any area of interest software supplier have a deep understanding of the business they're making an attempt to serve. ATLOS has this expertise and has been capable of translate that experience right into a streamlined resolution that is actually helpful to the mortgage community. Doc administration in itself is just not terribly thrilling to companies. Once you speak concerning the time financial savings that the work circulation of net based mostly mortgage software like paperless mortgage file providers can generate, that is when individuals start to really take notice.

Laying out the work movement of the life in a mortgage file is one thing that ATLOS has completed well. Developing an answer that can help processors, brokers, underwriters, managers, and even outdoors third events stay knowledgeable and accessible provides value to the doc administration provided. The ability to simply create new information, to upload paperwork, manipulate these documents, ship those documents, perform duties to an open file and finally close and archive that file is a selected work stream that's geared for the mortgage trade in particular. Having a vendor that understands your business will aid you sleep better at night. Knowing that you've got a accomplice that is ready to fill in the gaps the place you need help. Doc management for the mortgage trade is growing and ATLOS is leading the path.

Generic doc management firms would not have the training, background, or expertise to cater to the needs of the mortgage industry. ATLOS is comprised of individuals with not less than 2 years of expertise within the mortgage industry. This permits us to have an in depth data of what makes up a mortgage loan file. Mortgage information have many compliance associated components that must be taken into consideration. As well as loans are made up of very sensitive data that have to be handled with discretion. It’s necessary that the employees of any company handling delicate loan knowledge akin to this be held to a better standard. Being in the mortgage trade implies that the person has largely probably obtained state licensing, taken continuing schooling or different coaching courses, had background checks carried out, etc.