Mortgage Banker Selects Advantage Systems

Posted by Orb Staff on February 10, 2010 No Comments
Categories : Residential Mortgage

Mesa, Ariz.-based Cascade Financial Services has selected Advantage Systems' Accounting for Mortgage Bankers (AMB) automated accounting system, Advantage Systems reports.

AMB was chosen by the company for its industry-specific software, loan-level, general ledger detail and flexibility, says Wayne Bond, Cascade's chief financial officer.

‘Advantage Systems' AMB has enabled us to easily import borrower and transaction data without having to key each entry individually. The loan-level P&L reporting also helps us to clearly track all accounting aspects for a particular loan and better manage our profitability,’ Bond explains.

AMB provides general ledger and report writing capabilities, as well as a Web-based branch reporting module for branch managers.

SOURCE: Advantage Systems

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