Laserfiche WebLink
o New Loan <br />o Paid Loan <br />Special reports may be added at an additional cost for programming. <br />IRS Reporting -Servicer shall provide borrowers with the required IRS annual tax reporting. <br />Funds Remittance -Servicer shall remit collected funds less servicing fee to Client by the 10th business day <br />of the month. Late charges will be retained by Servicer. Funds will be remitted via ACH. An invoice will be <br />distributed detailing the servicing fees. <br />LIEN SATISFACTION PREPARATION <br />Loan Payoffs -Servicer will process loan payoffs, issue payoff statements as requested by authorized <br />individuals within 48 hours and remit funds to Client. Servicer shall draft mortgage satisfactions 10 business <br />days after loan is paid in full to ensure funds received are cleared. Satisfaction is sent to Client for signature. <br />