Advanced Topics in Servicing
The aim of this course builds on the basic system knowledge gained from the Core Loan IQ topics.
Upon successful completion of this course, the participants will be able to:
Create and comprehend adjustment transactions
Update pricing matrices
Create capitalized loans
Split cash flows
Reverse interest, fee and principal payments
This course can be delivered both remotely or in classroom. However, from the learning effectiveness scale it is recommended to have a classroom session if the participants are new to Loan IQ and have no prior working knowledge on the product.
The participants attending this course should have attended the Loan IQ Core Business course and should have knowledge on the Loan IQ application.
Accruals & Pricing Overview
Servicing Group concepts and updates
Interest Capitalization Overview
Over of Cash Flows
Course includes all training presentation materials, trainee workbooks and hands-on exercises. The exercises will be on live systems, through Academy Labs.