J. L. 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.

Welcome to J. L. 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.

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 J. L. 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.

Sherman’s WinLoan-32 loan quotation software, already recognized as the best sales tool for increasing payment protection (credit insurance/debt protection) income, is constantly enriched by our clients’ great ideas. Our two newest innovations are perfect examples of this relationship.

A major frustration among payment protection managers has been the tendency of some loan officers to simply request a payment without protection. We now offer a setup file option to make the menu screen mandatory. Clicking [Calculate] takes you directly to the Menu Screen, with all the protection plans presented, and the no protection plan at the bottom. The Entry Screen for this setup option is below: