R&W Technology Solutions hosts the MC Office application for mortgage loan administration. This application runs from our data center and is accessed over the internet. Our data center is protected by a fire supression system, UPS, security cameras and alarm systems. Our application can update loan balances immediately upon confirmation from a supervisor that a batch of payments is in balance, so you do not have to wait one day for balances to be updated.

Take a look at some of the benefits of our hosted application:

• Standard Supervised On-Line Helpdesk service from 8:00am to 6:00pm, Monday through Friday. 

• Over 600 reports throughout the whole portofolio. In addition our system contains a report generator that lets the user prepare his own reports, without any additional cost.

• Reports required by GNMA, FNMA, FHLMC, FHA, VA and private investors are included.

• Escrows subdivided in buckets with the composition of each included in the escrow balance, plus the escrow analysis under the aggregate analysis method.

• A variety of reports on delinquency, notifications, letters, etc.

• Complete preparation of escrow checks, certificate holders, etc.

• Cancelation balances readily available from the system and the ability to charge any remaining fees for settling the balance.

• The ability to change owners on-line.

• The ability to administer any type of loan: fixed, ARM, GAM, bi-weekly, balloon, etc.

• Three years of historical data in the on-line histroy record.

• Export the Schedule of Pool Mortgages (Form 1706) directly to GinnieNET.

• Preparation of the "Accrual and Liquidation Schedule" for the "Serial Notes Pools".
• Custom Programming ready for disbursing to CRIM the payment for the property taxes in accordance with the laws of Puerto Rico.

• The invoicing of late fees is automatic in the system.

• A complete subsystem for managing loans in foreclosure as part of the system, with reports for the client user and attourneys.

• Several daily, weekly and monthly reports for management, including any exceptions across the portofolio.

• The ability to request a report to be saved to disk, with the advantage that these can be printed multiple times by the center according the the client user's needs.
• The ability to request a report to be printed on a local printer without the center having to intervene.
• A Secondary Marketing subsystem.
• Local Training and Help Desk Support in Spanish
• And many other options.

The MC Office software application enables the client user to provide excellent and prompt service to his clients and investors. This application is managed by skilled employees that have more than 25 years of experience in mortgage banking.

Following are some of the application modules:

• Loan Servicing - manage every type of mortgage loan

• Construction - manage construction loans

• Pool Disbursement - Check writing for GNMA, FNMA and FHLMC

• Mortgage Banker - Warehousing and Secondary Market

• Credit Line - Home Equity

• Management Tool Kit - Reports

• Accounting - Transaction Accounting

• Audit Center - Quality Control

• Finance I - Financial calculator

• EDI Plus - Electronic Data Interchange System

Call us at 787-765-4040 ext. 11 for more information or email us

See an introduction on MC Office's Loan Servicing module