Mortgage Loan Origination Software – 10 Functions of Mortgage Banking

Regardless of a mortgage lending organizations’ size, mortgage loan software, data security solutions and automation tools and services should be able to assist with mortgage loan automation requirements. In today’s chaotic mortgage lending environment origination and document security systems need to be easily configured to emphasize a company’s special needs and increase efficiencies across all aspects of the loan origination process, allowing lenders to increase quality and productivity.

Technology-driven automation is the key to succeeding in the increasingly complex, deeply scrutinized mortgage industry. Web-based (Software-as-a-Service), Enterprise mortgage software that supports the ten primary functions in mortgage banking will provide lenders with the necessary competitive advantages to succeed in today’s mortgage industry.

Ten Primary Functions in Mortgage Banking

  1. Mortgage Web site design, implementation, and hosting to provide product, service, loan status, and company information to mortgage customers and business partners
  2. Online loan applications for gathering information from borrowers and business partners that issue loan terms, disclosures, and underwriting conditions
  3. Loan origination software for managing loan data, borrower data, property data, general status reporting, and calculations
  4. Interface systems to send and receive data from real estate service providers, such as credit reports, flood determinations, automated underwriting, fraud detection, and closing documents
  5. Internal automated underwriting system that is simple enough for originators and sophisticated enough for underwriting portfolio loan products
  6. Document generation for applications, upfront disclosures, business processes, and closing documents
  7. Integrated imaging that is used from loan origination to investor delivery and for file archiving
  8. Interest rate and fee generation along with program qualification guidelines
  9. Secondary marketing data tools to track loan revenue and investor relationships, including warehouse line management and interim servicing to complete the back-office system
  10. Reporting such as loan delivery, year-end fee reporting, and HMDA reporting for loan application disposition

Web-Based, enterprise mortgage software that supports the ten primary functions of mortgage banking simplifies compliance, maximizes operational efficiencies, and increases profitability.

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7 Benefits of the Doctor and Clinic Management System Software

A cloud-based clinic management system addresses your hospital management related woes. It brings simplicity to the patient appointments, their treatment, medical billing and payments and services that take care of other requirements of the hospital.

Advantages of a Cloud Compliant Software

A software that leverages the cloud technologies in full, offers flexibility, cost saving, fast service, ease of accessibility and sustainability.

Flexibility

Even small hospitals can harness the power of this type of software. As the business grows, the software automatically scales itself to the hospital’s increasing needs without the user having to provide for it. The software is easy use, at its fullest, right from the first day.

Cost Saving

Choosing to use clinic management software located on the cloud platform is cost effective for the hospitals. It is an attractive choice for the small as well as big hospital setups.

It requires no expenditure on hardware, equipments and trained IT staff. These are the resources that a hospital, supporting an in-house IT setup must utilize. They are costly.

This highly optimized software is maintained, updated and configured in the cloud by the skilled IT experts. The users are, thus, spared from the burden. It leads to cost saving. Unhindered, the hospital staff stays focused on the core functions of the hospital.

Harness it From Anywhere at Anytime

The hospital administrator acts as the super-user of the software. He or she, then, grant access permissions to the others. The managers, doctors and others can then access the necessary data stored in the cloud, from anywhere at anytime.

They can use smartphones, tablets, phablets, laptops, notebooks and desktops over the internet for the purpose.

Fast Service

This software gives fast, easy and simple solutions for the hospitals in managing their day-to-day activities. It helps in streamlining patient management, inventory management, employees’ and doctors’ attendance, online report generation and other tasks.

Sustainability

For hospitals using this software, it is easy to recover from an on-site disaster. Their data is stored in the cloud, where it remains safe. It is repeatedly backed up. They need to simply access it to get their system online.

Features of the Cloud Based Clinic Management System

1. Patient management: Maintains records of the patients that include personal details, visits to the hospitals, allergy related data, medication, etc.

2. Appointments and schedule management: Determines the availability of the doctors before scheduling appointments. Uses powerful search engine to set up an appointment for the patient. The software assists the staff in knowing the availability of the beds for the patient’s hospital stay.

3. Alerts: Sends alerts and reminders using SMSs and Emails. It notifies the patients about the future appointments and vaccination schedules.

4. Purchase and inventory management: Keeps track of the drugs, equipments, instruments and other hospital items in the stock. Generate expiry alerts for the drugs in stock. Assists in creating a purchase list.

5. Records: Stores all the electronic medical records of the patients and the data related to the hospital, in a central place. It is available to the authorized persons from anywhere, at any time. Doctors can use the patient data to conduct medical research.

6. Payment Processing: Assists the hospital’s accounting department in, accurate medical billing to the patient. Provides connectivity to the top accounting software and eases the tasks of accountants.

7. Lead Generation: It assists the business managers employed by the hospitals in lead generation and tracking.

It is easy to start using a cloud-based clinic management system software. It needs no installation and one can access and start using it over the internet, in a jiffy.

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8 Criteria to Choose the Best Antivirus Program For Your Needs

There is no best antivirus program in general. You can make the best choice of your antivirus software depending on your goals, your needs and your environment. In order to choose your best antivirus software you should look at vendor information, independent antivirus certifying agencies reviews, as well as other sources. Here are the essential criteria for the right choice.

1. Compatibility
Antivirus program has to be compatible with your PC configuration. Your PC must meet hardware and software requirements of antivirus solution.

2. Range of Protection
Antivirus software should protect your PC from as many threats and on as many viruses as it can: viruses, worms, trojans, spyware, keyloggers, adware, rootkits, password stealers, phishing attacks, spam and others.

3. Effectiveness
Antivirus protection delivery by antivirus program should be effective and efficient. You may find and compare test results released by independent antivirus certifying agencies: Virus Bulletin, AV Comparatives, ISCA Labs, Westcoast Labs and others. If some antivirus solution was scored by these agencies high and consistently near the top, then you really can not go wrong with this top rated antivirus software.

4. Easy Installation
Good antivirus program has a prompt and easy installation. Interface should be clean, easy, and intuitive to use.

5. Easy to Use
Most users want to "install and forget" their antivirus software. So the best antivirus solution should have default configurations acceptable for most users. And at the same time good antivirus program can be easily configured and tweaked by advanced users.

6. Features
The best antivirus programs have the large features set that may include:
– list of compatible versions of Operational systems and platforms,
– amount of used system resources,
– using of proactive protection without false positives and with effective utilizing of system resources,
– availability of laptop battery saving mode,
– bootable rescue disk,
– silent gamer mode, and other available options.

A comprehensive features set adds strength to antivirus solution.

7. Update
The best security solutions have Automatic Update option and automatically perform updates every hour or "as needed updates" to keep virus definitions and program code up to date.

8. Support
The best security programs have a comprehensive online and offline technical support. The program vendor should provide online knowledge base, FAQs, tutorials, user forums. The best sellers provide 24/7 support so you can ask your questions by phone, email or chat at any moment.

The best for your needs antivirus program delivers you the best security and usability with a minimal outlay of your time, money, or your PC system resources.

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Five Reasons to Study Forensic Accounting

Forensic accounting is the practice of utilizing accounting auditing and investigative skills to assist in legal matters to obtain an accurate result to establish the accountability for administrative proceeding. You may be wondering, why study forensic accounting?

Well, here are the five reasons:

  • Our current economic crisis has left many companies to face serious financial issues that may lead to bankruptcy. Hence, these companies have been forced to stoop down to the lowest level to save their company by committing frauds and swindles. This makes such a job an important one that increases in demand each year.
  • Internal audit in the company could not throw light on the different fact and other hidden aspects of the corporate fraud. They are hardly in a position to initiate proper action at proper time due to their lack of forensic accounting skills.
  • Forensic accounting is a new and very exciting study. This change the perspective of the world on accounting study, which has been a theoretically dull field in itself.
  • If you are ambitious, fast, observant, creative and diligent, Forensic accounting is definitely a dream job and a great investment. Using computer technology, creative thinking, and careful inspection of financial records; the hidden proof of the crimes can be discovered.
  • You will always be equipped with the latest computer software and gadgets. Forensic accounting heavily relies on computer software and generalized audit software to aid in the detection and investigation of fraud and white-collar crimes. Also, investigative tools such as data mining, link analysis software and case management software and the use of the Internet are the essential skills as well.

In conclusion, forensic accounting has been stereotyped as a boring and uninteresting job which has been proved to be wrong. There are many reasons which show to be benefits when it comes to studying forensic accounting. Not only will you be rewarded with a stable job, you would also look forward to going to work everyday

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Automated Real Estate Software – The New Trend in Investing

The value of real estate has appreciated in the last few years. It also shows great potential for growth. Hence, now might be the best time to look at an investment in property. However, if you’ve spoken to someone who already has his knees deep in real estate investing, you will realize that a lot of things are easier said than done.

It requires skill and experience to scour the market for high value properties.

Then comes landing good buyers.

Finally, there’s a humongous amount of paper work to handle.

This is where real estate investing softwares might lend a hand. They automate the entire process of real estate investing. If you would like to know more about such applications, here’s a low down on some of the common features they offer.

Lead generation –

At the click of a single button you are able to find a comprehensive list of buyers and sellers scattered across the country. The information elicited includes names and mail addresses of buyers, owners of properties, the type of property (bank owned, foreclosed, low and high equity, absentee owner etc.) and amount of cash paid.

Website creation –

Every business needs a website, especially if you do not have a physical location from which operate. Not all of us know the technicalities of writing HTML codes and designing a website. The real estate softwares can help you create targeted and user-friendly websites that you can use to showcase your business.

Direct mail generator –

Marketing is the soul of a real estate business. The more you network the more leads you can generate. The direct mail generator feature helps you setup a highly productive and efficient mailing system. You can send out emails, newsletters, posters and flyers.

There are a range of pre-made email templates you can use to send out messages to your leads. Autoresponders make sure you can keep in touch with sellers and buyers even when you are not physically present to answer their queries.

This feature is a highlight feature of most real estate software given that the savings in time and money are large.

Investing tips –

This is a section that most newbies can benefit from. Most applications include a resource library with info on the basic aspects of the trade. An open community of members can also give you an opportunity to interact and build your resource with real-time knowledge about making, building and closing a deal.

Diverse user base –

Modern-day automated real estate investing software applications cater to a varied group of investors. It includes those who buy, fix and flip properties. If you are a landlord, it can increase the convenience of managing your properties including finding tenants and repairing and renovating properties between subsequent deals. There are also features that rehabbers and builders of new constructions can use.

Contracts and paperwork –

Real estate investment also means a lot of paperwork. Most applications offer tools to generate contracts. Features such as auto-fill enable you to fill personal details into letters, contracts and other property-related documents. You can sign them online, and then email or fax them free of charge.

There is one thing – you need to be realistic. Real estate softwares are tools you can use to streamline your business. You should have a real estate business to start with and some basic know-how on investing.

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Advantages of Antispyware Programs

Much like the antivirus programs, now a days anti spyware programs also is a must if you are browsing the net. Most of the antivirus programs provide a good job by taking care of the computer viruses. However, many of them fail to detect the spyware which gets installed onto the PC when connected to the internet. This is where Anti spyware programs comes to help. They do a good job by protecting our computers by identifying the spyware and promptly remove them.

There are so many antispyware programs are available in the market. Both in the Online as well as near to your computer retail showroom. However, you have to ensure that you buy a good Anti spyware program which fulfills the requirements what it promises. Also, make sure to check that the software works on your Operating System. Most of them work on Windows Operating system; however, there is no harm in double checking the same.

Some of the characteristics of a good antispyware program is as below.

Real time scanning

Real time scanning is the heart of these type of programs. The program once installed should reside on your system tray and should be able to do a real time scan in the background. This way it should be able to identify all kinds of threats like Adware, spyware, Trojans and the harmful key loggers.

Automatic Updates

There is no point in having an Antispyware software program which does not update the spyware definitions automatically and at periodic intervals.

Customer Support

Most of the time you will not be require to call up their helpdesk as the software will work automatically provided if the operating system is compatible and all the installation prerequisites are met. However, if you run across any installation problems or some kind of bugs customer service comes in handy.

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How to Repair “Runtime Error 481”

The runtime error is one of the most common Windows problems that keep popping up and keeping your system from running smoothly and perfectly, even a small or a single error in the process will leave your system in a knot. This makes it even more important for any user to know how to fix runtime error 481. In order to fix or diagnose the problem correctly everyone should first know what the actual purpose of the runtime processes. It is an integral and essential part of the Windows system details to manage the handling of many services as well as many different software as running on the Windows platform. Since, the file actually handles a lot of information and settings at a time it is very prone to attack by many different viruses, malware and even spyware.

The problems – there can be many different symptoms to the errors related to the runtime process. The symptoms can range from a simple delayed operation of the software to much more complicated system freezes and error messages. This sort of problems may arise from many different factors starting from corruption of the system file due to a virus infection or any other malicious software to defective and invalid system registry entries.

Though the problems are varied but still the answer to the question remains pretty simple.

The solutions – the solution to the runtime error 481 can be many forms, as the problem itself may arise from many different sources. Though it is widely accepted that the most common reason for such errors is a corrupted registry entries but still many tools and software is required to be used in order to properly remove the problem.

  • If the error actually results after installing a new software always make sure to uninstall and reinstall the software to check whether the error was caused by it.
  • Is the process file is corrupted beyond repair it is always safe to replace the file with an original one from any windows XP CD using the system file Checker tool. This can also be achieved from the recovery console is the system has completely crashed due to the error and cannot be started in a normal way.
  • As the most common problems that can give out runtime related errors is widely identified as defective registry entries, it is best recommended that you always check your system with a proper registry cleaner before taking any drastic step.

Even if all of the above methods fail, you always have the option of reinstalling your operating system in order to solve the runtime error 481. Though this may seem the simplest one but the safest and wisest one would be to use a registry cleaner regularly and keep your system clean and healthy.

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Learn How to Fix “Runtime Error 53 File Not Found” Easily

Computer errors generally plague us a lot. They have to be removed immediately before they can cause any further problems. One such error is the run time error 53. It shows the message “runtime error 53 file not found”.

In this error, problem occurs when a software program that is installed on the PC shows this error because it is trying to reach a DLL file that has been removed from the windows registry. This registry contains all the files that are used by Windows for executing any kind of commands by human users. This DLL file might have never been installed on the computer itself.

To fix runtime error 53 from your system, some simple steps have to be followed. Such steps include clicking on the start menu and then landing at the control panel. After you reached the control panel, open the programs and features icon. Open up all the programs stored in the computer through it. Uninstall the program, which produced the run time error 53 message. A window will also open up telling the user that the program has been removed from the system.

To make sure that the DLL file is stored again on the computer, one has to remove the program and then put it back. The program can be reintroduced into the system through a hard disk or a CD. Instructions will appear on the screen as this program gets installed. After clicking on the install it now option, the user will see the option of terms and conditions on the screen. Click on the “I agree” choice to continue with the installation. The operating systems that generally display this error are Windows XP, Windows Vista and Windows 7.

Run the program to ensure that runtime error 53 is not displayed again. If the error is still being produced, then contact the company, which supplied you with the software.

It is also intelligent on your part if you find out about the compatibility of your software with the operating system of your computer or other software. You can find out about this compatibility through an online research. The website of the software developer can also yield you such details. Tell the software developer about the intricacies of your system to get an adequate response from him about the runtime error 53.

However, the last and most easy solution to fix “runtime error 53 file not found” error is using windows registry cleaner software. Registry cleaner software can always eradicate any registry errors produced by wrong entries, which cause a runtime error 53. It can delete all the useless entries in the registry that are causing such an error. Using such software can ensure that you get an error-free system.

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Why Computer Hardware Is Important

In this day and age, it is hard to deny the influence of technology in our lives. We live in an era where pretty much is automated and computerized. And amidst all the technological advancement that humankind has achieved, one important device has been created that will only sure to become more relevant to our lives as technology progresses, the computer. No one can deny that computers are now an essential part of our lives, the same way a cell phone and television does. It is safe to say that in this day and age, having no computer would be an inconvenience. Which is why it is important that we know the way our computer works so that we would be aware of the things that we should do in case it stops working. The hardware of the computer is considered to be the most important because without it, it will simply not work.

Simply put if you know how to handle the hardware of a computer and know each of their function for the unit, then you can easily determine what the problem is in case the unit stops functioning. In order to be familiar with basic computer troubleshooting, then you also need to be familiar with computer hardware. A good example of this is the memory of the computer (RAM). All programs and applications that are ran in a computer needs memory. Without RAM it simply will not function. Aside from that, even if you have a RAM but it does have the specifications to keep up with the programs that are being run, then the operation would have slowed down to a crawl. So when it comes to computer hardware, you have to make sure that it is not obsolete, so you need to upgrade depending on what sort of program that you are usually using.

When handling computer hardware, you have to keep in mind some safety measures so you can manipulate the unit safely. Before opening any computer cases, you have to make sure that the unit is unplugged or you might risk electrocution or shocks. While checking your hardware components, always check for damaged parts because that is most likely the one that is causing problems. When inserting components and parts, you have to remember that if it does not fit, then most likely you are inserting it on the wrong slot. If it does not fit, then do not force it or you will risk breaking the component. Before touching any parts inside the unit, make sure that you discharge yourself first by through a grounded metal object or you can use an anti-static wrist strap or mat which is sold in stores for cheap.

By knowing and analyzing every computer hardware part you will know about its importance and if it ever breaks down then you can perform the proper troubleshooting steps. Every hardware component is important for the computer's operation. The performance of your computer largely depends on how good your hardware is, so be sure that they are always in good working condition.

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History and Components of a Modern Mainframe Computer

Mainframe computers are critical for some of the largest corporations in the world. Each mainframe has more than one modern processor, RAM ranging from a few megabytes to multiple-score gigabytes, and disk space and other storage beyond anything on a microcomputer. A mainframe can control multiple tasks and serve thousands of users every second without downtime.

The chief difference between mainframes and other computing systems is the level of processing that takes place. Mainframes are also different in terms of data bandwidth, organization, reliability, and control. Big organizations-banking, healthcare, insurance, and telecom companies, etc.-use mainframes for processing critical commercial data.

In this article, we discuss the evolution of mainframe computers and their components.

History of mainframe computers

IBM developed a critical part of mainframe computing, the Automatic Sequenced Controlled Calculator (ASCC) for arithmetic operations, in 1944. From the late 1950s through the 1970s, several companies manufactured mainframes: IBM, Burroughs, RCA, NCR, General Electric, and Sperry Rand, for example. Since then, System / 390 by IBM is the only kind of mainframe in use. It evolved from IBM's System / 360 in 1960.

An Early mainframe occupied a huge space. New technologies have drastically reduced the size and cost of the hardware. A current-generation mainframe can fit in a small closet.

Components of a modern mainframe computer

Like a PC, a mainframe has many components for processing data: operating system, motherboard or main board, processor, controllers, storage devices, and channels.

• Motherboard: The motherboard of a mainframe computer consists of a printed circuit that allows CPU, RAM, and other hardware components to function together through a concept called "Bus architecture". The motherboard has device slots for input cards and cable interfaces for various external devices. Where PC motherboards use 32- or 64-bit buses, mainframes use 128-bit buses. General instructions regarding the internal architecture help the motherboard connect to the other devices and retrieve data using binary computation.

• Processor: A CPU acts as the central processing point in mainframe architecture and includes an Arithmetic Logic Unit (ALU) for performing arithmetic calculations. It also works as a controller for the bus architecture and handles traffic and data requests. The processing power of mainframes is much higher compared to PCs, so that they can handle huge amounts of data.

• Storage devices: Storage devices are for entering, retrieving, storing, and recording data. Many are external devices, such as hard drives, tape drives, and punch card readers, all connected to terminals of the mainframe and controlled by the CPU. Their capacity for data storage can be hundred or even thousands of times that of a PC.

• Communication controllers: Communication controllers allow remote computers to access a mainframe. With the help of networks, LAN or WAN, communication controllers establish connections with various devices, perform data transmission over communication channels, and keep track of users at terminals.

• Channels: The "channels" are the cables used to connect the CPU and the main storage to other parts of the system and make sure that data is moved in a systematic way without losing its integrity.

Modern mainframes have advanced features such as expanded service management capabilities, cross-platform integration facilities, etc. And so are suitable for critical data center operations. The cost of maintaining modern mainframes is much less compared to older models.

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