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Speed up the “turn” of your warehouse line and drive a 272% ROI doing it – the loan origination to investor delivery process can be burdensome, and delays at the end of the loan cycle can cost you your profit margins. By more efficiently gathering loan documents and completing supporting tasks, with the help of our SaaS enabled lending solution, can help turn your warehouse line 1 1/2 times more per month. 

HVCC Appraisal Compliancy Made Easy
There has been so much confusion that at the end of March this year, Fannie Mae and Freddie Mac came out with a new set of FAQs to help the mortgage industry understand what is expected of them.

Now there’s a way you can instantly add documents to your FileBound Document Management System without the intermediary step of scanning. Oh sure, you can still use scanning for those hard copy letters, photos and other pieces of information that are not in an electronic form. But, anytime something is created or distributed electronically through your existing applications, it can now be immediately added to FileBound right from your computer desktop. How? With the FileBound Microsoft Integration Kit.

Software as a Service, commonly known as SaaS, is revolutionizing document management in businesses of all sizes. But to fully appreciate the benefits of SaaS, you need to understand some of the disadvantages of traditional electronic document management systems. The traditional system typically requires businesses to purchase expensive hardware and software upfront — to own them, a CapEx or Capital purchase usually. This sounds good to many businesses — ownership: simple and straightforward.

Ever watch a squirrel burying nuts in the park? The casual observer assumes the squirrel remembers exactly where all his stashes are located—under the bush, in the flower bed, next to the oak tree—and can return to them throughout the cold winter when snow covers the ground. It’s heartwarming, and unfortunately, has little or no basis in reality. Anyone who has seen peanut plants sprouting in their garden knows well that there are faults in a squirrel’s archiving system. He may happen upon a stash, or maybe not. He may go hungry.

Productivity software is a name that has a nice ring to it. It almost makes you feel like it delivers instant productivity—plug and play success. If only it were that easy. The truth is, when you set out to upgrade your office with productivity software, there are several issues you need to consider. Here are a few that bear serious consideration:

What is a document manager? In yesterday’s world, it was a fancy name a business owner might give a file clerk: someone who literally manages the business’ documents. Today a document manager is something far more expansive and exciting. And, incidentally, it’s not a living breathing human either. It’s really a highly sophisticated software solution, but it does so much for your office, you’ll feel like it’s actually alive. The FileBound suite of solutions is the perfect example.

The concept of a filing system is older than the office itself. In fact, it’s probably as old as the caveman. Who are we kidding? Even my dog Rudy has a filing system of sorts. He “files” his bones in an area of the yard where he knows he can find them again. I’ve worked in some offices where the filing system wasn’t as good as Rudy’s. Putting a document in the file cabinet was tantamount to dropping it in a black hole, never to be found again.

Records retention is the elephant in many offices that nobody wants to own and tame. That’s certainly understandable. After all, there’s a lot of confusion about what needs to be kept and for how long. Certainly, the definitive answer on records retention for any particular company or organization must come from its legal counsel. The following are some general guidelines for records retention that give you a place to start in the meantime.