Loan Servicing with Nortridge

Structured Settlement Loan Servicing

Servicing structured finance debt with the Nortridge Loan System provides exceptional flexibility and control to portfolio managers. Our loan servicing software provides money managers with better ways to manage their portfolios with capabilities like varying accrual periods, rate matrices, conversions and splits. This flexibility allows us to generate a wide range of customized reports and the ability to establish links to other back-office processing systems for a streamlined work flow making Nortridge perfect for:

• Process fundings for new transactions or remittances to claimants
• Premium finance for insurance policies
• Manage cash flows from lottery assets, judgments
• Annuity payments
• Other specialty finance products

Features

• Negative amortization on fixed amortization custom payment schedules
• Separate portfolios for each product
• The ability to track multiple deals per annuity
• Expected payment streams with IRR
• Detailed accounting entries interfaced to the financial application
• Commitment level to hold sub-loans
• All payment variations (lump sums, annual, quarterly, non-guaranteed)