Lending exceptions can be classified into three general groups based on when they occur: pre-closing, post-closing, ongoing. Missing collateral documentation and proof of insurance are common examples of lending exceptions.
Continue reading about loan exceptions.
Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
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