Ernst Publishing Company has announced that the firm has released new functionality for its custom solutions, Ernst Custom Fee Solutions which will enable users to manage millions of fee points with the ability to quickly migrate fees through appropriate environments exposing fees and fee changes with minimal keystrokes.
“Building state of the art solutions for managing data is one Ernst’s greatest strengths,” said Gregory E. Teal, president and chief executive officer of Ernst Publishing. “Our enhanced Smart Query III is a perfect example of that. Because we manage fees in an aggressively changing environment, we understand the need for a highly complex tool that incorporates complex algorithms yet is fast and simple for a user to manage. The newly added functionality works with features already built into our search engines to achieve that goal.”
Now, Ernst customers will have customizable views, an integrated monitoring service, new data settings and upgraded geocoding programs. The new Smart Query III enhancements are designed to make processing GFE and HUD fees faster, easier and more accurate within every transaction the lender processes. The tool is available for the PC, MAC, IPAD, or SmartPhone.
The latest version of Ernst Custom Fee Engine can be tailored to manage third-party vendor fees to a specific fee set, for example, Title Fees. The Engine is easily customizable to create the capabilities that are specific to each lender. Customization to add specific rows, fee types, data elements, calculation algorithms and rules are included as standard features. Additional standard features include:
►Enhanced effective dating for adding and terminating fees at any time
►Ability to create complex fee algorithms
►User rights and permissions
►Automated fee loading for large fee tables
►Search and filter capabilities that can be easily created and saved
►Change and migration log history for every fee change or promotion
►Ability to update, change and manage any fee immediately if required
►Customized reporting
►Program can reside at customer's office or at Ernst’s based upon requirements
