Sherman and Associates, Inc. is the acknowledged leader in loan quotation software, including all credit insurance and debt protection methods in use across the country. We offer PC software, DLL's, calculation engines, Internet solutions, and consulting for consumer loans, commercial loans, mortgage loans, and student loans. Sherman software systems are invaluable in quoting and disclosing even the most complex loan structures, with or without credit insurance/debt protection, quickly, easily, and accurately.
Our lending software covers virtually all of the loan types and payment structures encountered in consumer and commercial lending calculations. These include equal payment and balloon loans, single payment loans, constant principal reduction loans, interest only loans, skipped and irregular payment loans, ARM loans, student loans, and loans containing mixtures of different payment structures. All include complete Truth in Lending disclosures with APR values computed by either the Actuarial or U.S. Rule methods, in strict accordance with Regulation Z. All unit period and actual-day calendar interest accrual methods are available. Amortization schedules for every loan type are also included.
Our software designs and mathematical methods are employed throughout the lending community, from the smallest community banks and credit unions, to the largest financial institutions in the country. Our desktop and internet solutions, WinLoan-32 and eWinLoan respectively, are considered the finest sales tools to help lenders increase their credit insurance and debt cancellation/deferment penetration. Many of the largest Loan Origination Software providers utilize our calculation engine (the SCEX) for the quotations and disclosures provided by their origination systems.
Please take your time and browse through our web site. If you have any questions or comments about the web site or any of our products, please contact us.
Sherman and Associates offers new releases of our software on a regular quarterly basis, targeting the early part of January, April, July, and October. Occasionally, a partner will request new functionality to be delivered as quickly as possible between quarterly releases. In these situations, we then bundle the requested new functionality with already completed development work into an interim release. Here are some of the latest additions delivered last month in interim release 2010-01-1.
Judy, hugging one of General Sherman's cousins.
Welcome to Sherman and Associates' new web site! The new architecture underlying our site will allow us to provide our customers and partners a more efficient way to interact with us, while still providing the information necessary for prospective customers to find out what it is exactly that we do.
We are also introducing our new company logo, which is next to our name at the top of each page on our website, and is featured prominently in our introduction. Many logos relate to a company's name or products, and our logo is joining that crowded group. The Giant Sequoia is unique to Calfornia, our home state, and is known by all to be the largest tree, as well as a truly magnificent and long lived entity – characteristics to which Sherman & Associates aspires. The largest of all is the General Sherman tree, in Sequoia National Park. Our company principals, John and Judy Sherman, travel frequently to the park to pay homage.
If you are currently a WinLoan-32 or eWinLoan customer, or if you are an SCEX partner, then we highly recommend that you register with us so that you will have access to the latest versions of our products. Furthermore, only registered users are allowed to comment on the various stories and documents throughout the site.
So, come on in and kick the tires to see what we have to offer you! We would appreciate your comments.
The SCEX is the calculation engine that not only is the preferred choice of the major Loan Origination Software (LOS) companies in the consumer / commercial lending space, but is also the foundation of our desktop and internet loan calculation products, WinLoan-32 and eWinLoan. Enhancements start with the SCEX and then flow into WinLoan-32 and eWinLoan as we adapt their user interfaces to accept the changes. Most enhancements are subtle and unnoticed by all but a few, but every so often, we make an enhancement that moves the SCEX significantly forward. Our new Commercial Loan module is such an enhancement.
We are pleased to announce that Fidelity Information Services, now FIS, has chosen Sherman & Associates as their exclusive partner for the loan and insurance calculations in their FIS Loan Origination (FLO) service. FIS will be using the Sherman Calculation Engine with XML Interface (SCEX) to drive the calculations in FLO.