J.L.Sherman&Associates,Inc.

The Leader in Loan Quotation and Loan Calculation Software

News - page 11

 

North Dakota Credit Life Changes

Submitted 2003-04-28 17:00:00 -0700

As of April 1st, North Dakota has implemented new restrictions regarding the calculation of single premium credit life insurance. We encourage you to contact us if you have any questions regarding the mathematics of these new methods. Our consulting packages can help dissect the regulations into exactly how it will affect your premiums. We have extensive experience with these methods, and have them programmed in virtually all of our loan quotation solutions. Contact our sales department to find out more information.

 

New MOB / Debt Protection Methods Added

Submitted 2003-04-07 12:00:00 -0700

The SCEX family of products features loan calculation and compliance software for the end user, as well embedded solutions for partners to use in their own end user applications. In response to recent changes in the insurance and debt protection industries, we’ve added a significant number of new MOB and Debt protection methods to the functionality of our WinLoan-32, eWinLoan, and Calculation Engines.

... (Read on for more information)
 

HOEPA Page Added

Submitted 2003-01-14 16:00:00 -0800

In addition to the new HOEPA tests we’ve added to our WinLoan-32 software, we’ve also added a page to the support section of our website detailing the HOEPA regulations and how our software can assist you in maintaining compliance. Take a look at the HOEPA page to find out how easy it really is.