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Best Practice for Cross Collaterals in Document Imaging Systems?

Question: 
How do I handle cross collaterals in a document imaging system?
Answer: 

If you have collateral shared between five loans, many imaging systems require the collateral documents be captured for each loan (i.e. five separate times!). An advanced system will allow you to capture these collateral documents one time only - and automatically share those documents with all five loans.

First published on 11/24/2014

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