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Centralized vs. De-Centralized Loan Admin

Question: 
Is it better to centralize or de-centralize loan admin?
Answer: 

Larger banks with many branches may be better equipped to de-centralize various aspects of loan administration. With the right scanning and imaging equipment, lenders and lending assistants may be able to scan in missing documents from any branch. This de-centralized approach reduces the amount of administrative work on the main office's loan admin team.

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Continue reading about loan administration.

Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 12/27/2020

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