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#1908781 - 03/26/14 04:52 PM LaserPro Loan Document System
Kanbanker Offline
Member
Joined: Aug 2012
Posts: 60
KS
We are starting the process of converting to LaserPro. I would love some feedback as to what you like about LaserPro and what you do not like about the system.

Also, was there anything in the set up that is causing frustration now?

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Lending Compliance
#1908795 - 03/26/14 05:19 PM Re: LaserPro Loan Document System Kanbanker
Tesla Offline
Power Poster
Joined: Nov 2003
Posts: 3,726
From a compliance perspective, I find their Release notes very easy to understand.
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#1908798 - 03/26/14 05:26 PM Re: LaserPro Loan Document System Kanbanker
raitchjay Offline
Power Poster
Joined: Oct 2009
Posts: 9,103
OK
Really? (I feel kinda dumb now....i find their release notes to be a bit over-wordy and complicated...but i've always figured that's just the nature of the beast with any LOS.)
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#1908829 - 03/26/14 06:02 PM Re: LaserPro Loan Document System Kanbanker
fmissle Offline
Diamond Poster
Joined: Jul 2007
Posts: 1,016
Pac NW
I sent you a PM.

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#1908935 - 03/26/14 08:53 PM Re: LaserPro Loan Document System Kanbanker
Kanbanker Offline
Member
Joined: Aug 2012
Posts: 60
KS
I really appreciate the feedback. I realize most of you on here will be compliance oriented but I respect that point of view also.

As long as it doesn't get in the way of closing a deal {joke}

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#1908972 - 03/26/14 10:33 PM Re: LaserPro Loan Document System Kanbanker
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,350
Galveston, TX
what you do not like about the system.

As an auditor, it is not what I don't like about the system, it is what I don't like about some of the banks that use the system.

I write them up for this or that and they say - geez, we never heard of that before. So I then show them the critical warnings page that printed off of LaserPro. They then say, oh - we never pay any attention to those...........


Arrrgghhh.....
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#1909133 - 03/27/14 03:14 PM Re: LaserPro Loan Document System rlcarey
fmissle Offline
Diamond Poster
Joined: Jul 2007
Posts: 1,016
Pac NW
Originally Posted By: rlcarey
what you do not like about the system.

As an auditor, it is not what I don't like about the system, it is what I don't like about some of the banks that use the system.

I write them up for this or that and they say - geez, we never heard of that before. So I then show them the critical warnings page that printed off of LaserPro. They then say, oh - we never pay any attention to those...........


Arrrgghhh.....


That's a big tool to use in the program. I'm always surprised when people never look at it.

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#1909139 - 03/27/14 03:18 PM Re: LaserPro Loan Document System Kanbanker
Comply Wren Offline
Member
Joined: Dec 2009
Posts: 72
I think LP is a fine system for Federal compliance; but you better be on top of your state compliance. In my state, the banking code was overhauled in late 2012. I still have LP giving us warnings referencing sections of banking code that are no longer in existence. :p

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