Product Release Notice
June 2004

Introducing The Mortgage Office™ Version 1.8.46
In our continuing effort to provide you with the most technologically advanced and easy-to-use loan servicing and origination software found anywhere, Applied Business Software, Inc. is pleased to announce the newest release of The Mortgage Office. This update contains exciting new features and enhancements that will benefit you and your business.

You may download the update from this site, or if you prefer to receive a CD-ROM by mail, we require that you fill out, sign, and submit a Software Update Request form via U.S. mail or Fax. The updates will be processed in the order received.

As always, we welcome your comments and suggestions regarding the quality and usefulness of our products. Your comments help us improve our products to better meet your needs.

Thank you for your continued support of The Mortgage Office.

Best Regards,

ABS Software Development Team.
 
Online Center

The Mortgage Office Online is an exciting new client support module that seamlessly integrates with The Mortgage Office. Totally web-based, this new module provides you with many new functions designed to help you get the most out of The Mortgage Office. And best of all – It’s free!


The Mortgage Office Online


Easy Access. By simply selecting Online from the application’s main menu, this new module enables you to download the latest product updates, custom letters and reports, search the knowledge base for how-to articles and information, post questions, and search for answers from other users through our module-specific forums. And much more…

 


Search the Knowledge Base. Search The Mortgage Office's database for the latest support and how-to articles.


Search Knowledge Base

Search Options. Search for articles by all or selected modules using free-form text searches for words and phrases anywhere in the article or the article’s title only. You may also access an article directly by its ID number.

Information You Can Use. Articles are informative, beautifully laid out, and to-the-point.


Sample Article

Viewing Options. When viewing a knowledge base article you have the options of printing it, sending it by e-mail to a co-worker, or providing us with immediate feedback about the article.

Downloads and Updates. View the latest downloads that are available to enhance your copy of The Mortgage Office, including custom letter templates, custom reports, the latest loan origination documents, tools, manuals, and product updates.


Download Updates Web Page


Public Newsgroups. The Mortgage Office Newsgroups enable you to collaborate with others who use our products, including advice from our own technical support team. Read interesting posts, search for specific topics, answer a question, or post your own questions to the group.


Newsgroups Web Page


Order Checks & Supplies. Quickly and easily order checks, envelopes, tax forms, and supplies that work with The Mortgage Office.


Order Checks & Supplies Web Page

Guaranteed Compatibility.  Computer laser checks and forms from Applied Business Software are guaranteed to be 100% compatible with The Mortgage Office.

Convenient Ordering.  Ordering supplies from Applied Business Software has never been easier. Browse, compare, and order online anytime, day or night.

 
Loan Origination Module
The following provides a brief description of some of the new features and enhancements to the Loan Origination module which includes the latest requirements set forth by the Department of Real Estate of the State of California.

Properties. A new tab has been added to the properties page to include information needed to fulfill the requirements of the new Lender Purchaser Disclosure Statements.


Loan Origination Property Maintenance


Additional Forms. Among the forms recently added or updated you’ll find the new LPDS forms which are required by the Department of Real Estate of the State of California. See the list below.


Sample Loan Origination Documents

     
Lender Purchaser Disclosure Statement (Loan Origination) RE 851A (Rev. 2/04)
 
Lender Purchaser Disclosure Statement Multi-Property (Cross Collateralization) RE 851D (Rev. 2/04)
 
Lender Purchaser Disclosure Statement ( Sale of Existing Note) RE 851B (Rev. 2/04)
 
       

 


Download the Latest Documents. The new Online module has been seamlessly integrated right into the Loan Origination’s Document Manager to allow you to view and download the latest documents. Just select the document you’d like to download and it will be immediately available for printing.



Federal Reserve Treasury Bill Interest Rates. The T-Bill Yields Maintenance form has been enhanced to include a link that will navigate directly to the Federal Reserve Statistical Release of Treasury Bill Interest Rates to further automate the process of maintaining this information current.


Treasury Bill Interest Rates Maintenance

 
Loan Servicing Module
The following provides a brief description of some of the new features and enhancements to the Loan Servicing module.

Print Amortization Schedule. If you’re a licensed user of our Financial Calculator and Loan Negotiation module, you can now print a context sensitive loan amortization schedule right from the loan file. The loan amortization will reflect the most current loan terms. Also, if the loan has different note and sold rates, the amortization can be printed for lenders (sold rate), borrower (note rate) or both (combined).


Loan Servicing File


Import Genesis Files Directly into The Mortgage Office™. In our continuing effort to build strong partnerships in the mortgage industry and enable you to connect to the companies you want, we are pleased to announce the new Genesis Import Assistant. The Mortgage Office continues to make it easy for you to work with the companies you need to get the job done!

ABS, in collaboration with users of the Genesis program, has developed an import utility so that you can effortlessly import your files from Genesis into the Loan Servicing module of The Mortgage Office™.

Genesis users can download this import utility from the downloads section of The Mortgage Office™ web site. A step-by-step guide on how to use this assistant is also available for download in the same downloads section.

 

Additionally, the file menu of The Mortgage Office™ has been updated to include the ability to import loan file information form Calyx Point and Genesis 2000.


Enhanced User Security. Although user security has always allowed limiting access on a per-user basis to the loan files servicing tab, it has now been updated to allow you to limit access to the sub-tabs as well.


End-User Security Maintenance

 
Collateralized Mortgage Obligations (CMO)

HoldersViewCentral.com™. The Collateralized Mortgage Obligations module has been enhanced to include the ability to provide certificate holders with immediate access to their account information via Web Publishing Central. Using a secured login to access their accounts through the Internet, holders can view an account overview, their entire portfolio, as well as a complete account history, secure messaging, and more.


HoldersViewCentral.com Login Web Page


Enhance your Company's Image. HoldersViewCentral.com is a cost effective, state-of-the-art solution that allows you to provide your clients with Web access to their account information from their home computers at any time.

This service provides you with the following benefits:

  • Reduce the time spent providing customer service by providing your customer's information via the Web
  • Eliminate or reduce the need to send printed statements
  • Provide better customer service by allowing customers to access their data around the clock
  • Communicate easily with clients via secure messaging system
  • Ensure that your staff's emails are limited to business purposes only
  • Create a web presence without the expense of maintaining a website
  • Eliminate any security concerns since the data accessed over the Internet does not reside on your company's computer
  • Provides seamless integration with The Mortgage Office™
  • Effortlessly publish all information since all the data already resides in your loan servicing data


HoldersViewCentral.com Sample Web Pages


Publishing Information. As you enter information into the Collateralized Mortgage Obligations module, that data is instantly available for publication to the Internet. Keep in mind, your company's computer system simply sends the data to another secure server. Your system is never accessible to anyone, thus eliminating any concerns over the security of your valuable information.


Web Publishing Central

 


     
In This Release:
   
Online Center
Overview
Easy Access
Search Knowledge Base
Search Options
Knowledge Base Article
Article Viewing Options
Downloads & Updates
Public Newsgroups
Order Checks & Supplies
   
Loan Origination
Overview
Properties
Additional Forms
Download Latest Documents
Federal Reserve Treasury Bill Interest Rates
   
Loan Servicing
Overview
Print Amortization Schedule
Genesis 2000 Import
Enhanced User Security
   
Collateralized Mortgage Obligations
Overview
HoldersViewCentral.com
Enhance your Company's Image
Publishing Information
   
   
Contact Us
Applied Business Software
2847 Gundry Ave
Long Beach CA 90755
Tel. 800.833.3343
Fax. 562.426.5535 http://www.themortgageoffice.com
sales@absnetwork.com