J.L.Sherman&Associates,Inc.

The Leader in Loan Quotation and Loan Calculation Software

News - page 6

 

New Partnership with Cash Time Loan Centers

Submitted 2013-08-21 15:09:00 -0700

WinLoan-32 is our loan calculation and quotation software for the Windows desktop, supporting consumer, commercial, and mortgage loans. We are happy to announce that Cash Time Loan Centers has selected J. L. Sherman & Associates as their exclusive partner for loan calculations within their loan origination system. Cash Time is using the Sherman Calculation Engine with XML Interface (SCEX) to drive the calculations within their new system.

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Key Sales Tool Features of WinLoan-32 and eWinLoan

Submitted 2013-08-07 13:35:00 -0700

eWinLoan and WinLoan-32 contain key sales too features that are helpful when working with your customers. If your organization is interested in increasing both borrower satisfaction and fee income from payment protection sales, then eWinLoan and WinLoan-32 (J. L. Sherman & Associates two end-user loan quotation products) were developed with you in mind.

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APR Calculation Software for Payday Lenders

Submitted 2013-03-19 13:12:00 -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. Within the past few years, the lending market has seen explosive growth in the number of payday lenders. Their short term small loans often result in APR values in the hundreds of percent. Calculating an APR value in compliance with Regulation Z for this type of loan is far more difficult than for more typical installment loans.

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Ready for Mandatory Payment Protection?

Submitted 2013-01-30 10:15:00 -0800

The SCEX is loan calculation software that can be embedded within your own
application, supporting consumer, commercial, and mortgage loan
calculations. As many of you are aware, there has been a lot of recent pressure against payment protection (credit insurance/debt cancellation) on closed-end loans. Regulation Z has recently been amended to implement amendments to the Truth in Lending Act made by the Dodd-Frank Act. Section 1026.36(i) prohibits the financing of single premium credit insurance on a real estate secured loan.

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New Partnership with Healthcare Finance Direct

Submitted 2012-08-01 15:01:00 -0700

Healthcare Finance Direct has chosen Sherman & Associates as their exclusive partner for APR calculations within their system, using the SCEX. We are pleased to announce Healthcare Finance Direct (HFD) has chosen Sherman & Associates as their exclusive partner for APR calculations within their proprietary administration system. HFD will be using the Sherman Calculation Engine with XML Interface (SCEX) to drive the calculations within their system.

... (Read on for more information)