NLS Features

Designed for Windows 2003/XP/2000/NT/98/95 utilizing client-server and object-oriented technologies
Open architecture allowing for easy integration with other systems, including General Ledger and front-ends origination systems
Field-level security
Internal audit control with field-change history
Funds Distribution
Collateral screen with insurance and tax tracking
Comments and document capabilities
Tickler system for important dates
Collection module with "promises to pay"

Comprehensive Central Information File (CIF) that houses all
borrower data. Includes:

Unlimited address book
Relationship tracking allowing for linking borrower to other borrowers or guarantors
Multiple loans and relationships with each CIF

Payments
- Flexible repayment options, including Automated Clearing House (ACH), printed statements or
coupon books
- Late fees can be assessed based on your requirements (multiple calculation options available)
- Handles non-sufficient fund (NSF) payments with automatic reversals and automatic rules-based
  NSF fee assessment
- Multiple payment options, including interest-only, principal-only, percentage-principal
  reductions, fixed principal reduction, interest-only beginning periods, amortized payments,
  step payments, effective-dated payments, partial payments and custom payment schedules
  for anything else.
Interest
- Fixed, variable, step-by-amount and step-by-days
- Minimum balance accrual
- Maturity, default, and secondary interest rates

Online loan histories, collateral information, and statistical analysis at the click of the mouse
Commenting capabilities throughout for officer notations, messages, phone logs, and collection notes
Payoff statements with capability of future dating
Quick access to payment histories, loan modifications, payment and past due notices and month-to-date (MTD), year-to-date (YTD) and life-to-date (LTD) statistics
Customizable collection screen
Rules-based collector processing with personal and master campaigns

Ability to generate Escrow Disclosure Statements
Easy-to-use voucher system to manage and schedule disbursements
Timely disbursements, in accordance with RESPA regulations
Check Printing & Electronic Transfer of Funds (ETF)
Accounting model - Complete accounting audit from receipt of escrowed funds to eventual disbursement through the check module

Extensive reporting capabilities; supports Structured Query Language (SQL) reports
Numerous reporting options that permit the efficient generation of reports on-the-fly, based upon your unique criteria

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