ARTA® ARM Early Disclosure

This feature allows you to create your own adjustable rate mortgage (ARM) disclosures.

Better still, it helps you introduce products faster, save on paper costs, customize your products more easily, and decrease the likelihood of forgetting to provide your account owners with the correct documents.

Business Results

• Increase Speed and Productivity—Eliminate the need to leave your lending documentation program, help reduce the amount of time spent making changes to products, and reduce the waste of obsolete documents.
  
  
• Improve Effectiveness and Reduce Risk—Help improve accuracy and consistency with data validation features and up-to-date documents developed by one of the most trusted compliance providers in the industry.
  
  
• Address Business Objectives—Take advantage of a more efficient and flexible method for creating ARM early disclosures.

Highlights

• Build disclosures based on your ARM programs and Regulation Z.
  
  
• Create disclosures based on a wide variety of note options, including those that meet the guidelines of the Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).
  
  
• Select simple or compounding interest, balloon or installment payment options, and payment frequencies with this flexible capability.
  
  
• Implement state-specific language, as needed, for all 51 jurisdictions

Key Benefits

• Increase efficiency by integrating with ARTA Lending or Rembrandt® Lending.
  
  
• Accommodate an unlimited number of disclosures.
  
  
• Improve connectivity and help increase productivity with true Windows®-based design.
  
  
• View the completed document on screen to make sure the necessary information has been filled in.