Get Started. It's Free
or sign up with your email address
PHCD by Mind Map: PHCD

1. Prefers COTS Product

1.1. Loan origination Pre-closing and Post-closing?

1.2. Automated QA and QC

1.3. Integration with internal system

1.4. PaaS / SaaS

1.5. E-Sign

1.5.1. 13 lenders verify Appendix D

1.6. Indexing

1.6.1. OCR

1.6.1.1. Ephesoft?

1.7. DMS

1.7.1. Search

1.7.2. Record Management

1.7.3. Archival

1.8. Payment Process Functionality

2. Consumer Portal

2.1. Should support both Homowners and Developers

2.2. Access Account Information

2.3. View Documents

2.3.1. Upload Documents

2.4. Confirm loan / Application Status

2.5. loan payments

2.6. Transaction and Billing History

2.7. Contact Management

2.8. Emails/Notifications

2.9. User Registration

2.9.1. User Login Access

2.9.1.1. View Documents (Disclosures etc.)

2.10. Security

2.11. Automate Asset Verification (Formfree?)

2.12. E-Signing

2.13. Document management vendor like Docutech?

2.14. Multi-Lingual

2.14.1. Legal Documents will be in English

2.15. ADA Compliant

3. Developer Loans / Commercial Construction Lending

3.1. Ability to accept documents

3.2. OCR Documents and input Information into LOS

3.2.1. Workflow should facilitate sending exceptions queue for correction

3.3. Disburse funds to developers

3.3.1. Via Cheque

3.3.2. ACH

4. Data Migration

4.1. Data should be migration from Classic Servicing System

5. Integrations

5.1. Credit Bureaus

5.2. MERS

5.3. GSEs

5.4. HUD

5.5. other 3rd Party

5.6. Internal County Systems

5.6.1. ESRI GIS Version

5.6.2. Credit Card and Check payment (Elavon)

5.6.3. Elite ERP (Emphasys Software)

5.6.4. ECM (OpenText)

5.6.5. Oracle Peoplesoft

5.6.6. Financial System FAMIS/ADPICS (Custom)

5.6.7. Miami-Dade County’s Finance TaxSys System

5.6.8. PeopleSoft HR or Payroll IDMS

5.6.9. Miami-Dade County’s Property Appraiser database

5.7. External

5.7.1. Florida UCP DBE Directory

5.7.2. State of Florida Department of Business and Professional Regulation (DBPR)

5.7.3. Florida Department of Corporations (Sunbiz)

6. Accounting

6.1. G/L Account linked to Loan

6.2. Financial history

6.3. Generate G/L entries

6.4. Correcting G/L entries

6.5. Integration with Finance System

7. Reporting/BI

7.1. Generate Ad-hoc reports

7.2. Personalization of reports

7.3. Export in all variety of formats

7.4. Archive generated reports

7.5. Seperate Reporting DB

8. Import / Export Loan Data

9. Security

9.1. User Management

9.2. Role based permissions

9.3. PCI Compliance