Search found 69 matches

by wtech_josh
Fri Sep 10, 2021 2:41 pm
Forum: Management and Financials
Topic: Report Question - Payment Distribution vs. Investor Report
Replies: 1
Views: 6021

Re: Report Question - Payment Distribution vs. Investor Report

The answer is complicated, buckle up! In Moneylender there’s a division between “settings type records” and “transaction type records”. Settings records are anything you can create and edit – everything on the Settings and Payments tabs, for example (payments, principal, escrow, adjustments, late fe...
by wtech_josh
Fri Sep 10, 2021 2:40 pm
Forum: Management and Financials
Topic: Report Question - Payment Distribution vs. Investor Report
Replies: 1
Views: 6021

Report Question - Payment Distribution vs. Investor Report

On one of our loans the borrower made a $3000 payment and on the payment distribution it shows the $3000 going to principal but on the investor report for that month it only shows the regular payment amount not the full payment that was made in that month. Assuming that it carried forward I ran an i...
by wtech_josh
Wed Jul 07, 2021 10:03 pm
Forum: Statements and Servicing
Topic: Simple Annual Report for Loans
Replies: 0
Views: 8222

Simple Annual Report for Loans

For lenders that might need to send an annual report to stay in compliance with local laws, I've attached a template to this post that will serve as a good starting point. IMPORTANT - FOLLOW THESE INSTRUCTIONS TO INSTALL If you skip steps on these instructions, you may have trouble adding this templ...
by wtech_josh
Fri Jun 25, 2021 10:19 pm
Forum: So my borrower just...
Topic: Their payments are all over the place and I just want it to show that they're current.
Replies: 1
Views: 14881

Re: Their payments are all over the place and I just want it to show that they're current.

An update added the menu option - Loan > Mark Loan Current. This will add an adjustment on the date before the current due date to wipe out all the past due amounts.
by wtech_josh
Thu Feb 25, 2021 12:37 pm
Forum: Statements and Servicing
Topic: Print Any Template, but I don't see Escrow Analysis, Payoff Quote, etc.
Replies: 0
Views: 6828

Print Any Template, but I don't see Escrow Analysis, Payoff Quote, etc.

In Moneylender, only the “Statement, Letter, or Contract” template type doesn’t require some special information. Those are the templates that can be printed from the Servicing menu (that includes printing from Print Any Template and choosing one). All other types of template fit into other places i...
by wtech_josh
Fri Jan 08, 2021 1:00 pm
Forum: Installation / Portfolio Setup
Topic: What if someone steals my computer?
Replies: 1
Views: 8081

Re: What if someone steals my computer?

Add a strong password to your portfolio – Portfolio > Configure Portfolio Users > add a user account for yourself and give it all the permissions and choose a really strong password > click Save. ml3 create user.png Now select yourself and click the Primary (star) button to mark your account as a fi...
by wtech_josh
Fri Jan 08, 2021 12:49 pm
Forum: Installation / Portfolio Setup
Topic: What if someone steals my computer?
Replies: 1
Views: 8081

What if someone steals my computer?

I’d like to talk to you about this. My issue is that I’m trying to determine how to secure the data. Since I am running a lending company like a lot of your clients, and I am going to be taking on investors who are going to be investing an awful lot of money in my company, if they ask me about secur...
by wtech_josh
Mon Dec 28, 2020 4:51 pm
Forum: Statements and Servicing
Topic: 1098 Forms for 2020?
Replies: 1
Views: 4664

Re: 1098 Forms for 2020?

At the latest, 12/31/2020. Moneylender won't print them until 1/1 anyway (it runs the numbers for the previous calendar year when generating the templates). So, anytime after the new year, follow the steps on this page to generate your 2020 Form 1098s. https://moneylenderprofessional.com/help3/guide...
by wtech_josh
Mon Dec 28, 2020 4:50 pm
Forum: Statements and Servicing
Topic: 1098 Forms for 2020?
Replies: 1
Views: 4664

1098 Forms for 2020?

When do you expect to have 1098 Forms for year 2020 available?
by wtech_josh
Sun Oct 25, 2020 4:39 pm
Forum: Installation / Portfolio Setup
Topic: Tutorial Videos?
Replies: 1
Views: 4671

Re: Tutorial Videos?

Here are the videos that come to mind: General Introduction – create portfolio, add loans, add payments, print statements, run reports: https://www.moneylenderprofessional.com/help3/ Details on everything on the Settings tab – all the particulars of what different configuration options will do: http...