About Us
Pricing
AMFG

Asset Management Financial Group (AMFG) is a software consulting firm that empowers each of our clients with a distinct loan servicing, loan accounting, loan management, loan acquisition, or payment / expense debt management servicing system.

Our expert software team places the system emphasis on the professional standards for each loan servicer, commercial mortgage banker, hard money lender, debt collector, portfolio asset manager, government financial community development department, or comparable financial institution.

Conversion
Specifications
Billing Cycle Loan Types
Data Management
Whether it be posting payments, printing reports, remitting checks, escrowing taxes, paying insurance premiums, or collecting on judgments, every software system provides structured functionality.

It's like performing magic.
Our software is safe and sound with zero risk of failure.

Our prices are competition proof.

All software is guaranteed to meet the personalized specifications of each client's servicing work scope.


Payment Posting
Real Taxes
Collateral Codes
Check Writing

Welcome to value-based
 software pricing for
loan management,
 loan servicing,
 and debt acquisition
 professionals.

Reports

About Us

Asset Management Financial Group (AMFG) is a privately owned company. We are well versed in providing all-inclusive, legacy software systems for small to midsize companies.

AMFG promptly responds to the needs of our clients and avoids the bureaucratic communication process that some companies require --- such as a ticket number phone queue.
 
Inasmuch as every software loan servicing system is licensed to each customer's unique specifications, each Windows-based software system is customized to the best levels of value. All systems are dynamic, smart, sound, and easy to master. Our customers are very satisfied and enjoy doing business with us.

We have been champions in Windows-based loan servicing software systems since our version 1.0 knock-out launch. Our software modules have evolved into a comprehensive loan management, debt management software system.


AMFG
412 N. Main Street, Suite 100
Buffalo, Wyoming 82834

Email:

Phone: (702) 738-5591
Fax: (702) 722-3335

Highlights

 

Competition Proof Software
Pricing

AMFG delivers excellence in value based modular system pricing. We offer a structured value based pricing methodology that reflects the clear needs and best practices of each client's system work scope.

The starting price for an entry-level software servicing system, which requires no
step-by-step software customization, is a remarkably low-priced $7,500.

Our software pricing is dependent upon the complexity, essential features, and exact requirements in a customer's requested proposal. This process involves evaluation of our prospective customerís current system, the credibility of proposed features, timeframe for system conversion and migration, accuracy validation of data conversion, implementation, training of users, and additional system enhancements.

All of the above details factor into the price for a professionally-designed software servicing system.
      Commercial Loan Reports  
        - Trial Balance
        - Daily Remittance Journal
        - Remittance Summary Ledger
        - Amortization Schedule
        - Daily Remittance Report
        - Expense Journal 
 
      Debt Collection Reports  
        - Delinquency Report
        - Pay-Off Statement
        - Payment Coupons
        - Debt Collection Letters
        - Skip Tracing Report
        - Call Back Activity
        - Billing Statements
        - Mail Merge Letters
        - Account Late Payment History
 
      Mortgage Loan Reports  
        - Trial Balance Status
        - Servicer Loan Balances
        - Commission Fee Report
        - Cash Flow Ledger
        - Payment Summary Ledger
        - Accountant Summary Ledger
        - Partner Summary Ledger
 
       Account Reports 
        - Profile Report
        - Multiple Customer Report
        - Synopsis Of Notes
        - Year-To-Date Report
        - Amortization Schedule
        - Expense History
        - Payment History
        
       Daily Payment Report
        - Daily Journal
        - Daily Ledger
        - Daily Reversals
 
       Management Reports 
        - Trial Balance Ledger
        - Sales Ledger
        - Client Mailing Address
        - Actual/Scheduled Pay Ledger
        - Distribution Ledger
        - Transaction Ledger
       Check Report
        - Vendor & Investor Checks
        - Check Number Listing
        - Check History Per Account 
        - Check Remittance Report
        - Check Deposit Register
        - Check Cleared/Open/Void
       
       IRS Reports 
        - Electronic Filing
        - Tax Form Letters
        - Tax Listing Report
        - 1098, 1098-E Form
        - 1099-A, 1099-C, Form
        - 1099-INT, 1099-MISC Form
              
      
Floating And Adjustable Rates 
        - Indice Values Report
        - Next Payment Adjustment
 
       Loan Servicing Reports
        - Portfolio Status Report
        - Acquisition Reports
        - Restitution Trial Balance
        - Restitution Payment Recovery
     
       Escrow Payable Reports 
        - Insurance Due Date Ledger
        - Tax Parcel Due Date Ledger
        - Escrow Trial Balance Analysis
        - Escrow Transaction Journal
        - Escrow Deposit/Withdrawal
 
       Servicing Tickler Reports
        - Maturity Report
        - Bankruptcy Report
        - UCC Expiration Report
        - Judgment Expiration Report
 
       Commercial Payee Reports 
        - Payee Mailing Address
        - Vendor Payable Journal
        - Vendor Disbursement Ledger
        - Payee Year-To-Date Report
 
       Asset Portfolio Reports 
        - REO Ledger
        - Property Loan Ledger
        - Equity Summary Ledger

               

Software System Reports

Payments, Late Payments, Pay-offs, Escrows, Payable Expense Posting

Payments are applied to principal, interest due, interest shortage, interest carry-over, late fee, escrows, other, NSF, liens, suspense, expense, debt forgiveness, service fees, and linked to a transaction code, system number, employee code, bank code, and payee code. If necessary, payments can be fractionalized to an investor and checks can be remitted.

300 - Normal Payment
301 - Payment - Unpaid Fees Not Included
310 - Overdue Payment - Late Charge Included
320 - Overdue Payment - Late Not Included
325 - Overdue Payment - Partial Late Fee Paid
326 - Overdue Payment - Late Fee Waive Short
330 - Late Payment - Waive Late Fee
340 - Payment - Unpaid Fees Included
344 - Interest Reserve Payment
345 - Guaranteed Investor Remittance
346 - Payment - Void Remittance Records
350 - Normal Payment - Void Remittance
360 - Payment To Lender
370 - Distribution To Partners
385 - Partial Release / Principal Pay-Down
390 - Pay-Off - No Prepayment Penalty
394 - Pay-Off - Shortage No 1099-C
395 - Pay-Off - Prepayment Penalty Amount
398 - Pay-Off - Partial Charge-Off (FOD)
399 - Pay-Off - Forgiveness Of Debt
400 - Close Escrow Account
401 - Open Escrow Account
402 - Installation
403 - Funding
404 - Acquisition
405 - Late Fee
406 - Contra Adjustment
407 - Other Amounts Added To Suspense
408 - Other Income
409 - REO Income
410 - NSF Fee
412 - Extension
415 - Recording
420 - Forwarding
425 - Foreclosure
430 - Reconveyance
433 - Principal Draw (Debit)
435 - Principal Payment (Credit)
437 - Principal Capitalized (Debit)
438 - Accrued Principal Pay-Down (Credit)
439 - NonAccrued Principal Pay-Down
440 - Odd Interest Payment
445 - Prorated Interest Payment
449 - Refund
455 - Contingent Interest
460 - Extension Fee
470 - Adjust- Credit Principal / Debit Interest
475 - Adjust - Credit Interest / Debit Principal
493 - Escrow Contra Adjustment Payment
494 - Escrow Contra Adjustment Balance
495 - Account Balance Adjustment
499 - Document Charges
500 - Interest Earned On Escrow Balance
505 - Miscellaneous Escrow Payment
507 - Other Refund
508 - Tax Refund
509 - Insurance Refund
525 - Investor Buy-Out Transaction Payment
530 - Transfer Fee Payment
535
549 - Partial Principal Charge-Off
550 - Principal Charge-Off
557 - Exchange
558 - INREM
559 - Real Estate Lien

601 - City Tax
602 - State Tax
603 - Water Tax
604 - County Tax
605 - Township Tax
606 - School District Tax
607 - Real Estate Tax
608 - Other Government Tax
609 - Road Tax
610 - Accrued Interest
611 - Overpayment
612 - Road Fee
613 - Sewer Tax
614 - Road Maintenance
615 - Sales Tax
617 - Occupancy Tax
618 - Village Tax
629 - Vandalism Insurance
630 - Replacement
631 - Improvement / Repair
632 - Homeowners Other
633 - Miscellaneous Other
634 - Small Business
635 - Rent Payment
636 - Payment On Senior
637 - Payment On Junior
639 - Management Distribution
648 - Appraisal Fee
649 - Fee / Points
650 - Bank Fee
653 - Unapplied Payment Amount
659 - Insurance Premium
660 - FHA Insurance
661 - Flood Insurance
662 - Hazard Insurance
663 - Liability Insurance
664 - Earthquake Insurance
665 - Credit Life Insurance
666 - Mortgage Insurance
667 - Life Insurance
668 - Disability/Accident & Health
669 - Forced Placed Insurance
670 - Fire Insurance
675 - Escrow Balance Pay-Off Only
676 - Escrow Charge-Off
680 - Transfer Fee
695 - Unsecured Payment
696 - Deficiency Payment
697 - Miscellaneous Charge-Off
698 - Other Income
699
700 - Holdback
701 - Reserves
719 - Appliance
720 - Carry-Over
721 - Accounting
722 - Corporate Tax
723 - Annual Report
724 - BPO (Broker Price Opinion)
725 - Distribution To Partner Expense
728 - Inspections
729 - Commission
730 - Title
731 - Locks
732 - Weatherization

733 - Clean-Up Expense
735 - Mortgage Servicing Fee
740 - Co-op Maintenance
741 - Co-op Expense - Other
745 - Condo Common
750 - NSF Expense
755 - REO Expense
760 - REPO Expense
765 - Crew Expense
770 - Property Expense
775 - Legal Expense
780 - Other Expense
785 - Miscellaneous Expense
790 - General Repair
791 - Electrical
792 - Plumber
793 - Painting
794 - Utility Deposit
795 - Utility Expense
796 - Title Expense
797 - Lawn Care
798 - Assignment
799 - Assumption
800 -
801 - FED-EX Expense
802 - Medical / Dental
803 - Accounting
804 - Office Supplies
805 - Telephone
806 - Political Contributions
807 - Telephone
808 - Charity
809 - Credit Report
810 - Parking
811 - Computer Charge
812 - Entertainment
813 - Health
814 - Travel
815 - Materials
816 - Contract Deposit
817 - Meals
818 - Tickets
819 - Broker Fee
820 - Seminar
821 - Due Diligence
822 - Wrap Payment
823 - Salary
824 - Extermination
825 - Payroll Taxes
826 - Payroll
827 - Outside Collector
829 - Hospitalization
831 - LLC / LLP Fee
832 - Environmental
833 - Bank Transfer Office
835 - Income Taxes
837 - Hospitalization
839 - Salary Expense
841 - Office Expense
842 - Worker Comp
843 - Management Fee
845 - Service Fee
847 - Auto Expense
849 - Foreclosure Costs
851 - Bank Transfers
853 - Office Equipment
Insurance premiums are added into the software system by account number and linked by reference number. The user must enter the policy number, months due-in, frequency of payments, payee code, bank code, who pays (servicer or customer), payment status, amount due, pay-on date, delinquency date/expiration date.

The escrow servicing module will automatically update the status when posting the payment to the insurance record.

Real Estate Taxes

Property taxes are added into the software system by account number and linked by reference number. The user must enter the parcel number, lot, block, months due-in, frequency of payments, payee code, bank code, who pays (servicer or customer), payment status, tax amount due, pay-on date, delinquency date.

When taxes are paid, the escrow software module will automatically update the status and advance to the next tax due bill. The user can check with the city/county/state online to verify what taxes are open and need to be paid.
      Codes             Principal + Interest  Schedule                       
 
           5                 Daily Floating Interest Adjustable

         10                 Interest Only     
          
         15                 Interest Only Forced Amount

         17                 Principal Reduction With No Interest
 
         18                 Principal Reduction With Interest
  
         19                 Payment Rate Fixed With Interest
   
         20                 Fixed Interest Rate Loan Amortization 
    
         22                 Fixed Interest Rate With Payment Rate
  
         25                 Adjustable Interest Only Loan            

         26                 Graduated Interest Only 
            
         27                 Principal Rate Reduction
            
         29                 Deferred Interest Adjustable
     
         30                 Adjustable Rate Loan Amortization
  
         35                 Structured Principal & Interest / Fixed Rate
  
         40                 Structured Principal & Interest / Adjustable
 
         60                 Rent Payment
                         
         78                 Rule Of 78   
        
   
 
 

Loan Types

Account Status Codes
Code   Status Description 

  0  -  Commitment
  1  -  Account Current     
  2  -  1 Payment Due  
  3  -  1 Payment Late  
 
4  -  2 Payments Due  
  5  -  2 Pmts + 2 Lates 
  6  -  3 Payments Due  
  7  -  3 Pmts + 3 Lates 
  8  -  4 Payments Due  
 
9  -  4 Pmts + 4 Lates 
 10 -  5 Payments Due  
 11 -  5 Pmts + 5 Lates 
 12 -  6 Payments Due  
 13 -  6 Pmts + 6 Lates 
 14 -  7 Payments Due 
 15 -  7 Pmts + 7 Lates
 16 -  8 Payments Due 
 17 -  8 Pmts + 8 Lates
 18 -  9 Payments Due 
 19 -  9 Pmts + 9 Lates
 20 -  10 Payments Due 
 21 -  10 Pmts + 10 Lates
 22 -  11 Pmts Due 
 23 -  11 Pmts + 11 Lates
 24 -  12 Payments Due 
 25 -  12 Pmts + 12 Lates
 26 -  More Than 1 Year Late 
 27 -  ACH         
 28 -  CCCS        
 29 -  Skip Trace
   
     

       
Code  Status Description 

 30 - SubPerforming     
 31 - NonPerforming     
 32 - Law Suit          
 33 - Judgment          
 34 - Legal Judgment    
 35 - Judgment Bankruptcy
 36 - Legal Bankruptcy  
 37 - Bankruptcy Claim  
 38 - Bankrupcty Chptr  7
 39 - Bankruptcy Chptr 11
 40 - Bankruptcy Chptr 12
 41 - Bankruptcy Chptr 13
 42 - Consolidation     
 43 - Pmt On Charge-Off 
 44 - Deceased          
 45 - Foreclosure       
 46 - Deed In Lieu      
 47 - In Repo           
 48 - Repo Deficiency   
 49 - REO Payments      
 50 - REO               
 51 - Bankruptcy Plan   
 52 - Stock Ownership   
 53 - Partnership Interest
 54 - Service By Other      
 55 - Guarantor         
 56 - Exchange          
 57 - Loan Payable      
 58 - Underlying        
 59 - Dummy Account
  
 
Code  Status Description 

  60 - Assumption           
  61 - Repossession         
  62 - Voluntary Reassignment
  63 - Reassignment            
  64 - Account Closed          
  65 - Refinanced              
  66 - Deed In Lieu            
  67 - Paid-Off By Bankruptcy   
  68 - Purchased               
  69 - REO / Not Sold         
  70 - Paid-Off / Satisfied    
  71 - Collection / Paid In Full
  72 - Charge-Off / Paid In Full
  73 - 1099-C Less Than Full Bal
  74 - Transfer-Out Svc Retained
  75 - Transfer-Out Svc Released
  76 - Worthless Account       
  77 - Participant Pay-Off     
  80 - Sold          
  81 - PutBack
  82 - Restructured        
  83 - Debt Settlement
  84 - Sold REO      
  85 - Consolidation 
  86 - Charge-Off    
  90 - Write-Off 
  91 - Deceased
  98 - Short-Fall 
  99 - Closed Partnership
Closed Accounts
Active Account Status Codes
Debt Management Collateral Codes
  0 - Unknown
  1 - Raw Land
  2 - SFR Lot
  3 - Unzoned Lot
  4 - Commercial Lot
  5 - Apartment Building
  6 - Gas Station
  7 - Liquor Store
  8 - Ship/Vessel
  9 - Recreational
10 - Condominium
11 - Office/Condo
12 - Office/Warehouse
13 - Fourplex
14 - Mixed Use
15 - Church/Temple/Mosque
16 - Industrial/Office
17 - Student Loan
18 - Revolving
19 - Fitness Club
20 - Office Building
21 - External Debt Service
22 - Capital Replacement
23 - Other
24 - Existing Refinance
25 - Restaurant
26 - Acquisition
27 - Capital Expansion
28 - Working Capital
29 - Development
30 - Warehouse
31 - Unsecured
32 - Line Of Credit
33 - International

67 - Office/Manufacturing
68 - Motorcycle
69 - Home Improvement
70 - Mobile Home Land
71 - Automobile
72 - Mobile Home & Land
73 - Boat
74 - Business Park
75 - Construction/Commercial
76 - Construction/Other
77 - Construction/SFR
78 - Construction/Units
79 - Construction/Take-Out
80 - SFR/House
81 - SFR/Remodel
82 - SFR/Refinance - Equity Out
83 - SFR/Refi - No Cash Out
84 - SFR/HELOC
85 - Townhouse
86 - Co-op
87 - Multi-Family
88 - Shopping Center
89 - Religious Center
90 - Retail/Commercial
91 - Hospital
92 - Deficiency Judgment
93 - Deficiency Auto Loan
94 - Charge-Off
95 - Multiple Properties
96 - Country Club
97 - Deficiency Judgment
98 - Judgment
99 - Partnership Investment
34 - Golf Course
35 - Rental
36 - Lease
37 - Lease/Option
38 - UCC
39 - Resort
40 - Industrial
41 - Commercial/Warehouse
42 - Marina
43 - Bakery
44 - School
45 - Supermarket
46 - Debt Consolidation
47 - Laundromat
48 - Car Wash
49 - Rooming House
50 - Hotel
51 - Motel
52 - Stock Ownership
53 - Mineral Rights
54 - Medical Office
55 - Medical Center
56 - Contractual Rights
57 - Corporation
58 - Marketable Securities
59 - Personal Property
60 - Equipment
61 - Drug Store
62 - Shopping Mall
63 - Duplex
64 - Mini Mall
65 - Retail Strip Center
66 - Business Park
  

Payment Billing Cycle

   Code         Billing Cycle                 Days                     Year Basis                  
     7               Weekly                           7                              360 
     8               Weekly                           7                              365 
     9               Weekly                           7                              366
    10              Bi-Weekly                    14                             360 
    13              Bi-Weekly                    14                             365 
    14              Bi-Weekly                    14                             366
    15              Bi-Monthly                  15                             360 
    16              Bi-Monthly                  15                             365 
    17              Bi-Monthly                  15                             366 
    27              28 Days                        28                             360 
    28              28 Days                        28                             364 
    29              28 Days                        28                             365
    30              Monthly                       30                             360 
    35              Monthly                       30                             366
    37              Monthly                    Actual                         365 
    40              Monthly                    Actual                         366
    50              Monthly                    Actual                         360
    43              Monthly          From Last Posting              360 
    45              Monthly          From Last Posting              366
    47              Monthly          From Last Posting              365
    60              Quarterly                     90                             360 
    61              Quarterly                  Actual                         365
    62              Quarterly                  Actual                         366
    63              Quarterly                  Actual                         360 
    70              Rate Reduction                                            360 
    80              Semi-Annual               180                            360
    81              Semi-Annual             Actual                         365
    82              Semi-Annual             Actual                         366
    83              Semi-Annual             Actual                         360
    90              Annual                         360                            360 
    91              Annual                       Actual                         365
    92              Annual                       Actual                         366
    93              Annual                       Actual                         360   
   
 
            

Loan Servicing Software Platform

   
            

Data Management


Our legacy software algorithms can accommodate any company's required key sorting values while maintaining data integrity and optimum speed performance.



   
 
            
Conversion Credentials

Check Writing

The software can print, void, or re-issue a check and reconcile bank account balances.

Checks are printed for investors, payees, vendors, expenses, escrows, property taxes, and insurance premiums.

The system lists unprinted check amounts to be released from its holding status. Once checks have been printed and mailed out, the user will track the check's bank account to verify the check's status as open, cleared, voided.
Platform
Insurance

Software Specifications

AMFG offers Windows-based software servicing systems with several options working through the internet. Clients can use a database server as a backend with the ODBC Aware Database Server or utilize the Advantage Server Client with TCP/IP connection.
Our in-house software programming language provides multiple development tools and meets all the servicing needs for each client. This Windows based software platform operates on a database engine Access/SQL server that provides all users and developers a smooth migration to future-oriented loan systems. The database application development system and its corresponding add-on products result in a very flexible, scalable architecture. Using this technology, the integration of existing PC desktop solutions into enterprise-wide data processing infrastructures is possible.
<link rel=" align="right" border="0" />
Highlights

Insurance Premiums

Account Status
About Us
Pricing
Home
Specifications
Check Writing
Conversion
Platform
Data Management
Billing Cycle
Highlights
Reports
Payments
Loan Types
Account Status
Insurance
linkedin googleplus twitter <link rel=" align="right" border="0" />
Genius Software Solutions
facebook tumbler email