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Credit and loan exceptions that need to be resolved

Question: 
What types of credit and loan exceptions are commonly cleared at financial institutions?
Answer: 

Documentation exceptions are typically cleared as missing or expired records (such as a customer’s tax return or financial statement) are obtained and properly organized into the loan file. Completing past due loan-related tasks and obtaining missing signatures are other examples.

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resolving exceptions

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

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+1-678-966-0844

First published on 02/25/2024

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