WFG Enterprise Solutions, part of the Williston Financial Group family of companies, has announced its WFG MyHome Funder Dashboard now is available to regional and national mortgage lenders. It joins the company’s other offerings that increase collaboration and create transparency among all participants in the mortgage transaction.
“Repeated requests and delayed responses threaten a secure, on-time closing,” Dan Bailey, senior vice president of WFG Lender Services and WFG Enterprise Solutions, said in a release. “The first, best way to avoid this is to make sure everyone is on the same page, which is exactly what MyHome Funder Dashboard does. With it, funders immediately view loan balance amounts and any fees the lender plans to keep from the funding wire. That feature eliminates any back-and-forth when balancing a file for disbursement.”
MyHome Funder Dashboard was created to simplify and accelerate loan funding and disbursement. It does so by providing access to a loan’s history, current status, and remaining milestones, as well as making vital information such as notary name, location and signing time instantly available.
The dashboard will give loan funders and closing personnel insight into a loan’s status during the closing process in real-time. It also clearly identifies the escrow officer so that direct communication can occur within the dashboard, the company stated.
“Beyond that, Funder Dashboard gives transaction participants advance approval of recording and disbursement based upon a review of the funding package and balance amounts, and it supports multiple funders, giving each a unique login so transactions can be individually assigned and managed,” Bailey said.
“We believe Funder Dashboard will be a significant benefit to a key segment of the mortgage industry,” President of WEST, a Williston Financial Group company, Marty Frame said. “It’s a product we created in response to the needs of lenders, with input from a cross section of leaders, through our executive roundtable, as well as regular client surveys. Partnership remains our key.”