Data Management
Payment And Interest Class
AMFG offers excellence in debt servicing software technology for performing,
sub-performing and loss mitigation of non-performing loans. Our loan system
is comprehensive, Windows
based, customizable, and it is very easy to learn.
The system computes interest, principal,
late fees, escrows and other charges for
scheduled payments, forgiveness of debt, lump sum settlements, miscellaneous
payments, escrow payments, payee expenses, partial charge-offs and full account
balance pay-offs.
Fractionalized
loan investor participation with auto check writing remittance
distribution is supported. Bank checks
are printed for investors, payees, vendors,
expenses, escrows, and checking account balances are reconciled.
There are multiple reporting sort options; account, group, pool, investor, vendor,
employee, bank, payee
or any other personalized data key. The login user can
print reports, import/export data to Excel,
or format a report into a PDF file.
Loan System Benefits
- Billing Address
- Property Addresses
- Balances
- Escrow Analysis
- Adjustable Terms
- Tax Parcels
- Insurance
- Expense Payables
- IRS/YTD
- Notes
- Co-Borrowers
- Guarantors
- Senior/Junior Liens
- UCCs
- Skip Tracing
- REO
- Attorneys
- Bankruptcy
- Judgments
-
Old Addresses
- PDF Documents
- Payment Records
- Investor Records
- Participant Records
- Partnership
Records
- Vendor Records
- Bank Records
- Remittance Records
Payment Class
- Fixed Interest Only
- Fixed Rate Amortizing
- Daily Floating Interest Rate
- Adjustable Amortizing Rate
- Principal Bullet Payments
- Fixed
Principal With Interest
- Adjustable Interest Only
- Structured Fixed Rates
- Structured Adjustable
Rate
- Rent Payments
- Principal Rate Reduction
- Deferred Interest Payments
Interest Class
- 30 Day Month 360/365/366 Year
- Actual Day Month 360/365/366 Year
- Interest
Paid To Date Up To Posting
- Quarterly Payment (90 Days)
- Quarterly Payment (Actual Days)
- Semi-Annual Payment (180 Days)
- Sem-Annual Payment (Actual Days)
- Annual Payment 360 Day Year
- Annual Payment (Actual Days)
- Clock Attorney Phone Calls
- Track Payable Expenses
- Maintain Account Due Diligence
- Compute Portfolio Risk Analysis
- Bankruptcy
Work-Out Payments
- Delinquent Account Notices
- Variable Interest Rate
Resets
- Credit Bureau Metro 2 Reporting
- Bank/Check Reconciliaton
- Archive Account Notes
- Comprehensive System Reports
- Data Search
Engine
- Track Tax Parcel & Insurance
- Electronic IRS
Filing
- Fractionalized Investor Partnerships