Use Loan Servicing module to obtain full information about clients’ payment history and indebtedness (info provision), enjoy automated collection services, perform delinquency and default management using rich built-in CRM system together with forecasting tools. Track collateral insurance status. Rely upon control that flexes (manual overrides). Notify your clients about new interest rates, delayed loan or insurance payments via SMS, email or regular post ( interest reset or insurance expiry). Organize work of employee by providing queue of tasks to complete ( servicing workflow).
LMS Servicing module enables servicing of multiple portfolios, each portfolio can have investor – specifc servicing rules.