As the premier platform for the warehouse lending industry, Street Resource Group's Warehouse Loan System provides onlne, real-time connectivity between the mortgage warehouse and originators with complete loan-level accounting control, collateral tracking, risk management and reporting features.
System Benefits:
Ease of Use
Increased Productivity
Increased Competitive Advantage
Reduced Customer Service Demand
Reduced Per-Loan Processing Costs
Increased Variety of Credit Facility Offerings
More Timely and Accurate Processing of Funding Requests
Greater SQL Performance and Relational Database Integrity
Associate Risk Levels with Revenue Realization
More Accurate Communication between Warehouse and Originators
Maximized Profitability via Flexible Pricing Capabilities
Less Stress on IT Staff
System Features:
Streamlined Loan Setup and Automated Funding
Extensive Data Validation
Quality and Compliance Assurance
Powerful Loss Prevention and Fraud Detection
Efficient Document Tracking and Exception Management
Direct-From-Originator Request Entry
Direct-To-Originator Inquiry and Report Distribution
Flexible Business Rules
Functional-Level Security
Company Relationship Linking
Streamlined Workflow Structure
Meaningful Reporting and Data Analysis
Stringent Financial and Accounting Control
Downstream and Upstream Loan-Level Interest and Fees
Multiple Sub Limits with Credit and Relationship Exposure Limits
Web-Based Up-to-Date Help System and Online User Guide
Interactive or Web Service-Based XML and Plain Text Imports and Exports
Online, Real-time Communication Between Originators and Warehouse
Instant Messaging through Secure Data Tunnel
Document Imaging
System Functions:
Streamlined Loan Setup and Automated Funding
Receives and validates loan funding requests
Tracks loan transmittal documents
Communicates loan validation and document exception
Disburses funds to closing agents
Receives and ships collateral documents
Receives and applies interim receipts for curtailments, interest, or fees
Receives and applies receipts from Investors
Distributes residual funds.
The SRG Warehouse Loan System provides the benefits of a rich and comprehensive feature set designed and developed continuously over the past decade along with the concrete reputation for design and delivery of new features as both individual client and industry needs arise.