Benedict Group Inc. announced that it has added WebLOANS!, a new set of internet screens and reports, to its loan servicing software so that third parties, such as borrowers, developers, and investors, can easily view selected information about their loans. The information made available includes access to loan, billing, property, payment, and other data, and amortization schedules and borrower statements.
The new WebLOANS! product includes a user interface (UI) and a set of web services that BGI’s clients can integrate into their company websites. The new UI is optional, so clients can choose to use it or develop their own to call BGI’s web services.
All of the new functions are secured, so that a remote user can only see the loan data the client wishes that person to see. This feature can be controlled with the integrated security support provided by BGI, or the client’s website can pass along the security limits it has independently established. “The new WebLOANS! software serves two purposes for our LOANS! For .Net clients” said Tom Scott, Benedict Group’s director of business development. “It provides them internet access for remote users and it introduces them to the technology we’re using for a new fully web-based, loan servicing software product that we’ll make available later this year.”