About The Mortgage Office
The Mortgage Office is an escrow administration software providing RESPA Compliant Escrow Analysis. The software helps you automate the maintenance of escrow accounts on behalf of borrowers. This module meets or exceeds the accounting and reporting requirements set forth by the Federal Real Estate Settlement Procedures Act (RESPA).
The Mortgage Office is available on-premise or in the cloud (software as a service, or SaaS).
Video Overview
Features
Using The Mortgage Office’s powerful Escrow Administration features, you can:
- Collect and track escrow payments
- Schedule escrow payables and manage timely payments of escrow obligations
- Quickly produce Annual Escrow Account Disclosure Statements
- Cover unanticipated disbursements, handle shortages, surpluses and deficiencies
- Eliminate all of the complicated tasks involved with complying with federally mandated regulations
The Escrow Administration module lets you automate the whole process of maintaining escrow accounts, letting you produce disclosure statements in seconds. It’s just one more tool in The Mortgage Office suite of comprehensive mortgage software solutions.
Product Overview
Other Software by Applied Business Software, Inc.
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