Future Enhancements
Interthinx is dedicated to keeping pace with the ever-changing mortgage compliance environment. Look for the following value added compliance features in 2007 & 2008.
- Consumer State Lending Tests
- New Client Administration Screens
- Four Additional State Tests by License Type
Consumer State Lending Tests
Consumer state lending tests will be added.
New Client Administration Screens
In order to better meet your company's best business practices, Interthinx will be adding new client administration screens. The client administration screens will allow customers to manage their licensing on a state-by-state basis.
The client admin screens will also allow the client to configure the way state tests are run in relation to their licensing types.
Four New State Tests Added
Interthinx will factor in the client configured state licensing information for each of the following tests:
- Prepayment Penalties - State prepayment penalty terms and penalties testing will be added
- Prohibited Fees - Some states do not allow certain types of fees to be charged
- Usury - State usury laws will be added to testing
- Late Fees - Late fee caps and grace period along with minimum and maximum fees are planned
High Cost Loan and Predatory Lending Check
Features Benefits Preview Compliance Implementation Coming Features Use PredProtect Free
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