What is Web-based Servicing and Why you Need
Are you paying high fees to service your loans?
MAX is affordable and our prices are clearly stated on our website.
There are no hidden fees, no confusing "modules" to add, no long
distance telephone charges, and unlimited technical support is included
for one low quarterly fee.
Are you still using a spreadsheet or outdated
keep track of your loans?
MAX combines the latest Windows technology with user-friendly
screens to make loan servicing a breeze. You can view some of the
MAX screens right on our website. There is a "Help" button
on every screen which takes you directly to the MAX Manual
or to our website if you are connected to the Internet. If there
is a function you require and it is not already included in MAX,
our programmers can work with you to create a customized screen.
MAX makes processing cash easy by providing a one step
process for all types of cash entry. MAX prints payment coupons,
late payment reminders, and late payment notices at the correct
time. Delinquency reports and collection notes help your people
keep on top of their accounts. Each note has two tickler dates and
a remove date for easy maintenance.
MAX provides online Inquiries that give you up-to-the-minute account
status and history with the touch of a finger. The Utility Letter
feature allows you to generate form letters using information directly
from the MAX database.
Need reports and flexible processing?
MAX includes extensive reporting in all areas. There are
two report menus that contain on-request reports available whenever
you need them. Other reports are produced automatically during normal
processing cycles such as End-of-day, End-of-month, and End-of-year.
Within these cycles, you have the opportunity to bypass selected
reports if you do not need them.
MAX provides user-defined fields for the most flexible
processing. You can choose daily or monthly interest accruals, used-defined
escrow categories, even what processing to allow for selected loan
status codes. You can download loan information into Database or
ASCII text files using our ASCII interface. Database data structures
Do you do FANNIE MAE or Credit Bureau Reporting?
Do you have lots of investors or more than one company?
MAX handles Laser Reporting and MORENT transmission files
allowing you to produce your FNMA reports at month end in a single
step. You can then send your transmission file over the Internet
saving hours of labor and paper handling. MAX does actual
to actual. MAX also handles pooling and participations. Automated
credit bureau reporting using the METRO 272 format is included and
investors can be paid by checks generated by the MAX system.
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