Prepayment Penalty Engine

Let’s face it, selecting prepayment penalties that comply with federal and state law while still maintaining salability on the secondary market can be extremely complicated. Are you confident in your abilities to consistently meet this challenge? Once again, a DocuTech compliance solution is here to help. Our compliance experts have worked long and hard to create a comprehensive flexible solution to help ensure that you’re always up to the challenge.

Simple Setup Process

Start by enabling DocuTech’s enhanced prepayment functionality. This simple switch will make DocuTech’s pre-configured prepayment scenarios immediately available.

Next, you can easily add, remove or modify any prepayment scenarios unique to your business model. Then, you have a rules based prepayment penalty engine designed to only allow your users to select prepayment scenarios that comply with federal regulations, state law and your own best business practices. All this functionality, while still factoring in prepayment investor overrides when applicable according to your preferences.

End, by asking yourself how you ever managed prepayment penalties without DocuTech’s clever prepay solution.

For more information on how DocuTech compliance solutions can alter the way you feel about the difficulties of prepayment penalties, contact your Client Services Representative today at 800.497.3584.