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Industry Solutions | Mortgage Banking "We were bringing our lockbox operations in-house; and frankly, we were dreading it. Long hours of training, hiring new personnel, expensive equipment, high maintenance fees - we expected all of this and more. After 1½ years of in-house processing with our RemitPlus system, we couldn't be happier. This system is easy-to-learn and easy-to-use; we were up and running in a few days and we didn't need to hire new personnel. No expensive equipment or high maintenance fees - RemitPlus offered us competitive pricing and economical solutions that have afforded us substantial savings over our third-party lockbox provider."
In the world of mortgage banking, posting payments on time to avoid late fees is imperative. Manually processing customer payments is cumbersome without an automated system in place. RemitPlus offers the solution mortgage banking needs to collect, research, reconcile and electronically deposit funds for speed and accuracy. Posting balances to individual accounts is seamless. A compatible file is generated from RemitPlus to upload into your accounting system. This automates accounts receivable instantly. Benefits to Mortgage Banking:
- Increases customer service
- Better research and archival tools
- Efficient electronic deposits
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