INSITE GOVERNMENT LOAN ACCOUNTING MODULE
The Insite Government Loan Accounting module assists bank staff with loan servicing responsibilities associated with government programs and helps automate the process.
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The Insite Government Loan Accounting (GLA) module is an add-on module that customers can easily add to the Insite Banking System core package. The GLA module was designed to assist bank staff with loan servicing responsibilities associated with government programs offered by entities such as the Federal National Mortgage Association (FNMA) and the Federal Home Loan Bank (FHLB).
Automates specific processing requirements associated with government programs
Expedites the processing of large volumes of program loans
Automatically calculates and posts appropriate payment allocations for principal and interest
Segregates servicing income earned by the lender from funds collected for remittance program investors