ha, Wis.-based Inlanta Mortgage and St. Louis-based Cornerstone Mortgage Inc. have each completed implementation of Advantage Systems Inc.'s Accounting for Mortgage Bankers (AMB) system. Loan-level detail is built into the AMB system, allowing the mortgage companies' accounting departments to work within one system rather than multiple spreadsheets, according to Advantage Systems, which is headquartered in Irvine, Calif. The system's real-time processing feature also allows branch managers to instantly access Web reports on profitability by loan, loan officer and loan type, as well as for their branch, the company reports. SOURCE: [link=http://mortgageaccounting.com/mortgageaccounting/default.aspx]Advantage Systems
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