Happy 2025, Automators!
As January kicks off, we’re excited to share the latest updates that continue to enhance your experience on the Mortgage Automator platform. Over the past month, we’ve focused on delivering new tools and features designed to improve efficiency and provide even more control over your operations.
Here are just a few highlights of what’s new this month:
Tax Module Enhancements: The platform now includes improved navigation with hyperlinks and tooltips for a more intuitive user experience. Additionally, optimized processing has significantly reduced report generation time by 90%!
PAD/ACH Security Enhancements: ACH and PAD payment data is now classified as sensitive, improving security and compliance. Administrators can control access to this information through the Roles and Permissions module, ensuring only authorized users have visibility.
Bulk Adding Loan Tags: You can now add loan tags in bulk, saving you time and streamlining categorization.
Want to dive deeper? Scroll to the end of this email for a detailed summary of all updates.
We appreciate your continued trust in Mortgage Automator as we evolve into a more intuitive and powerful platform.
Warm regards,
The Mortgage Automator Team
Your Feedback Drives Our Success
We’re incredibly thankful to our user community for your continued feedback and suggestions, which have been instrumental in shaping Mortgage Automator. Your input has not only helped us improve but has also earned us numerous awards, including recognition for Highest User Adoption, Best Value, and Best Customer Support in 2024. Keep sharing your ideas by clicking the question mark icon in Automator and selecting 'Suggest a Feature.'
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ALL COMPLETED ITEMS
FEATURES/IMPROVEMENTS
Loan Origination
Added bulk tagging to simplify loan management.
Borrower order now matches loan order in the Underwriting Module.
Loan Servicing
Investor, Broker, and Borrower ACH/PAD information is now classified as sensitive to enhance compliance and privacy.
PAD/ACH transactions now include descriptions for better tracking.
Improved display logic for irregular payment methods during bulk changes
New “Undo Last Bulk Actions” permissions for greater user control.
Added Investor Balance Change Report to Loan Portfolio Reports
Statements
Enhanced the borrower statement to show the fee breakdown under the Account Activity section.
Adjusted the Debit PAD/ACH Monthly Payment Notification to give borrowers with multiple payments for the same loan the option to receive a single email summarizing the total amount owed.
Tax Module
Added helpful hyperlinks and tooltips throughout the platform, making it easier to find relevant features and complete tasks efficiently.
Users can now export IRS-related tax data in CSV format.
New support for multiple tax data variations for different borrower types on 1098 Forms.
Optimized system performance has reduced report processing times by 90%!
Integrations
Added ability to receive broker documents via Newton Velocity.
Standard conditions can now be selected via API for all Filogix loans.
Equifax Credit Report now available in multiple formats (PIO, PDF, XML)
Document Variables
%%borrowerlastpaymentdate%% - The previous borrower payment date, if it does not exist display "N/A" is displayed on document.
Report Builder Variables
{l_totalloanborrowerassets} - The sum of all assets for all borrowers per loan.
{l_lastoriginalborpaymentdate} - The last original borrower payment date on a loan. Does not account for new payment date if the last payment went through NSF, delayed payment, or marked unpaid. Will take the original last payment date.
{l_lastpaymentdateregandirr} - Borrower repaid loan interest up till date.
Fixes & Enhancements
Fixed a delay in processing batch tax deletions, improving system performance.
Resolved an issue where quarterly fund statements were not sent as scheduled.
Fixed an error that caused incorrect loan origination dates in reports.
Improved system stability for bulk document generation.
Enhanced UI responsiveness when updating loan details.
Resolved a delay in webhook notifications for third-party integrations.