Alogent recently created a free spreadsheet that helps bankers calculate the cost of their current loan management workflows.
Modern Payments Infrastructure: 1 Platform, 1 API, All Channels
Is it time for a solution refresh? Legacy processes can’t always keep up. Ask yourself these questions to assess your payments modernization goals and explore the benefits of a single platform for all Day 1 and Day 2 processing.
SAFE Policy & Procedures
Kathleen Blanchard, of Key Compliance Services and a BOL Guru has provided a sample policy and procedure for the Secure and Fair Enforcement for Mortgage Licensing Act, the SAFE Act. Financial institutions are required to have written policies and procedures as a part of compliance with this law. Your residential mortgage loan originators must be registered on a nationwide registry and you must know to whom and when these rules apply, as well as how you will accomplish the required tasks. These drafts will assist you, but these are only drafts. You need to ensure that your final policy and procedures fit your institution.
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