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.