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Trailing Documents

Question: 
What does “trailing documents” mean in lending?
Answer: 

The term "trailing documents" typically refers to documentation that a bank still needs to collect after a loan is booked. This can include anything from a deed of trust to ongoing customer financial statements.

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Read more about trailing documents.

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 01/16/2022

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