Can ARM-Pro™ help me track special asset management, bankruptcies, foreclosures, and repossessions?
Yes. ARM-Pro™ is the Asset Recovery Manager component of CARM-Pro™ that comprehensively facilitates special asset collection management. ARM-Pro™ also includes basic financial services that enable banks and credit unions to add to the default subtotaling levels or “buckets” with their own accumulators, to track loan principal, interest, late charges, and expenses such as legal, remarketing foreclosure, repossession, etc. With this proven foreclosure management software, collectors can seamlessly and automatically track expenses and apply/record payments in accordance with their own established parameters.