Impounds
Aired: June 3, 2015
Description:
Learn how to setup (and use) impounds. Impounds is a feature that is best used for loans that are tied to real-estate where the lender needs to collect and pay third party vendors. For example in real-estate loans, money is collected (impounded) and is put aside to pay insurance and property taxes. This webinar recording covers:
- Setting up impound accounts including custom transaction codes
- Using the impound analyzer
- FARET compatibility
Click here to leave a comment