SOFTWARE SOLUTIONS - Warehouse Loan System (WLS)

In the entire mortgage industry, no automation solution is as specialized to the needs of mortgage warehouse lenders as the SRG Warehouse Loan System (WLS).

The SRG Warehouse Loan System (WLS) provides a highly configurable software platform that automates the entire mortgage warehouse lending process from start to finish. Mortgage bankers and their warehouse lenders can now operate at peak efficiency and achieve maximum profitability through reduced per transaction processing costs.

The SRG Warehouse Loan System operates at the individual loan level. Using a work-flow design, the system streamlines submission, underwriting, funds disbursement, investor payoff and originator settlement transactions. Detailed tracking of loan transmittal document receipt and shipping provides critical collateral control. The system incorporates a wide variety of risk management controls, including integrated fraud detection capabilities. Comprehensive accounting, operational, sales, management and client reports are produced in a variety of formats. Extensive data export capabilities for the warehouse and originator are also built into the system.

Maximum flexibility for a variety of originator pricing and covenant compliance requirements is achieved with the unique SRG Structured Rule Tier Methodology™. Our rule-based architecture supplies highly configurable rate and fee pricing, covenant compliance and aging rate and fee penalties, production volume-based incentive credits, wet/dry limits, and data validation comparative values.

WLS provides features for the company-level management of the originator, investor, closing agent, and upstream funding source relationships. Participated funds can be associated with each loan and tracked to provide a net interest margin on a loan-by-loan basis. Fulfillment service and custodial collateral activities may also be tracked and managed.

Using the innovative SRG DIRECTCONNECT and SRG MESSENGER online, real-time technology, mortgage bankers can upload data from their loan origination system, and electronically submit loan funding requests, document images, and collateral shipping requests; retrieve operational reports; and communicate via instant messaging with their warehouse lender.

Superior Usability
Intuitive Workflow Design
Integrated Fraud Detection
Comprehensive Reports and Analysis
Extensive Web Services Integration for Data Exchange

Request your free demonstration today.

Click here for the SRG Warehouse Loan System Overview brochure.