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Applied Business Software Inc. (ABS), developers of The Mortgage Office and The Loan Office software, has announced a major update to its signature software, The Mortgage Office. The extensive update features dozens of enhanced features to its worldwide customer base.
Some of the new features of Version 2.1.7 include:
►Online payments that allow borrowers to make payments using their credit/debit cards or bank account information with instant confirmations.
►Electronic payments over the phone for real time credit card and EFT payments.
►Added enhancements to the QuickBooks and PeopleSoft Integration which allows posting of company funds to the general ledger.
►Excel import to easily import loans, co-borrowers, lenders, vendors, funding and more via the powerful import wizard.
►CDFI Certification from the U.S. Department of Treasury for the 2016 reporting year.
“We are very excited about this release that continues to support our customers’ needs and demands in an ever changing regulatory business and fast paced environment," said Jerry Delgado, CEO and co-founder of ABS. "I proudly stand behind our development team that produces world-class software to provide a notable ROI to our customers. The new feature set is consistent with prior releases, where enhancements to compliance, reporting, efficiency, versatility and scalability are the ultimate objectives."