DNT Holdings has enhanced the second version of its 1003POWER Web-based loan origination system (LOS) to include new interactive applications.
The LOS' integrated security levels prevent loan officers from being able to delete any files from the system or view documentation that does not belong to them.
‘This is a key issue for companies with multiple loan officers who already work from home or are working from another state," says DNT Holdings CEO and the system's developer, Donna Iwane. "Brokers cannot work based on trust alone."
Additionally, the upgrade allows borrowers to upload their loan documents and view their loan status 24/7, which the company says will save the broker and borrower time in having to mail, e-mail or deliver borrower income and asset documentation.
SOURCE: DNT Holdings