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Common loan exceptions

Question: 
What are some common loan exceptions that banks deal with?
Answer: 

There are dozens of loan exceptions that banks must contend with, many of which are document-related. Examples include: bills of sale, collateral, flood insurance policies, life insurance policies, loan applications, appraisals, and others.

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Download a free spreadsheet for loan document tracking.

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 05/14/2017

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