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Ongoing Loan Admin Responsibilities

Question: 
What do loan admins do on an ongoing basis?
Answer: 

Ongoing loan admin responsibilities vary from bank to bank but often include tasks such as tracking missing documents, updating ticklers, verifying borrower coverage on collateral, renewing UCC filings, and preparing reports.

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Continue reading about loan administration.

Vendor: 
AccuSystems

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 12/27/2020

Filed under: 
Operations
Filed under operations as: 
Imaging
Reporting

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