The Benedict Group Inc. has added Web access to its loan servicing software to help clients manage their financial transactions.
Webloans! is a new set of Internet screens and reports that allows third parties such as borrowers, developers and investors to view selected information about their loans. The information made available includes access to loan, billing, property, payment and other data, as well as amortization schedules and borrower statements.
A feature of the new product includes a user interface and a set of Web services that BGI clients can integrate into their company websites. BGI said this interface is optional, so clients can choose to use it or develop their own to call BGI’s Web services.
Also, all of the new functions are secured, BGI noted, so that a remote user can only see the loan data the client wants that person to have access to. This feature can be controlled with the integrated security support provided by BGI, or the client’s website can pass along the security limits it has independently established.
“The new Webloans! software serves two purposes for our clients,” said Tom Scott, director of business development at Benedict Group. “It provides them Internet access for remote users and it introduces them to the technology we’re using for a new fully Web-based, loan servicing software product that we’ll make available later this year.”
