Skip to content

Efficiently Documenting Collateral - TREEV

Our bank has many commercial customers who secure several loans with the same collateral - such as large value properties. Today we make multiple copies of critical documents and store them separately with each loan. Is there a way to simplify the process so we don't need to make multiple copies? Also, how can we be sure that we have the most recent appraisals and insurance information without having to manually research each loan secured by that collateral?

An imaging solution tailored for banks should be able to address these issues. We suggest that you use a solution that provides the ability to scan loan documents just once regardless of how many loans those documents apply to, thus eliminating the need for endless copying of loan files. This streamlines the loan process and allows banks to use just one electronic collateral and credit file for all the loans in a customer's portfolio. This type of solution also allows loan staff to access the entire customer portfolio, including co-signers, guarantors, and co-borrowers as well as those loans that are closed. This ensures data integrity and efficiency while providing fast and secure access to the most current and accurate documents for each customer.


First published on 09/06/2004

Filed under: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics