The M/BANKER module instantly links participating investors to any or all loans in LOANLEDGER. M/BANKER gives you an overview of all fractionalized loans as well as complete details of each individual investor's holdings in an "Investor Ledger". The system can be set to automatically pay investors regardless of receipts. This feature allows M/BANKER to track notes payable. M/BANKER allows for up to two million investors per loan. With M/BANKER, each investor can be charged a different servicing fee in a given loan.

With M/BANKER, view your entire portfolio or each individual investor's portfolio in real time. The module automatically generates 1099's with direct media (IRS requires diskettes at this time) or F.I.R.E. reports to the Internal Revenue Service.

As transactions flow through LOANLEDGER, individual investor portfolios and files are automatically updated. Service fees can be calculated as flat fees, percent of principal, or an interest spread. Third party servicing fees can be tracked just as easily. In addition, M/BANKER produces checks and investor mailing labels.

Features

• Two Million Investors Per Loan
• Different Investors Can Have Different Rates of Return
• Over Thirty Different Ways to Charge Servicing Fees to Your Lenders and/or Investors
• Includes Various Options to Retain Late Charges, Prepayment Penalties, NSF and other Charges
• Produce Laser Checks or, with ACH plug-in, Automatically Pay Your Investors Electronically Via ACH
• FHLMC and FNMA Servicing
• 1099s Either by Direct Diskette or by F.I.R.E. Direct Electronic Reporting
• Payout from Pools or Reinvestment