MISSION | Mortgage Investment Software System
MISSION provides a comprehensive set of functions to help with the day-to-day running of a mortgage investment company. Fully compliant with the Consumer Credit Code, MISSION runs on both the IBM i and Microsoft Windows platforms.
The package offers an Electronic Funds Transfer component and an integrated security system to provide more secure user access and restricted user authorities. MISSION records and maintains loans, deposits and investments, with other account records and transactions. It gives immediate access to any current deposit or loan account using account name or number.
MISSION provides accurate and speedy on-line transaction entry of receipts and withdrawals with automatic adjusting of account balances, thus obtaining current account status at all times, as well as automatic posting of all transactions to the General Ledger. MISSION also performs interest calculations automatically for all deposit accounts, fixed deposits and loan accounts with immediate posting of the interest calculated to the appropriate accounts. It provides instant loan arrears figures, details of the loan in arrears and penalty charges. A periodical payments system is also incorporated into the software. MISSION also maintains investment portfolios and provides extensive general management and audit reports as well as a cheque reconciliation procedure.
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