Dispatch

April 2005

Welcome From Loren Wilson, General Manager of eDocs-Express.


Larry Ellison, Loren Wilson,
Joanna Bruno and Bob Jett
  

   Visit our web site.

Welcome to the fourth issue of the monthly eDocs-Express Dispatch!

As the former editor in the 1980's and 90's of CFI Management Services's monthly newsletter, the Compliance News, it feels very comfortable to once again bring news and compliance advice to the general lending community.

We trust you'll find these articles to be informative and valuable in you day-to-day operations.

So enjoy the Dispatch and if there are any subjects you'd like us to cover, simply recommend a subject for a future issue of the Dispatch.

News and Solutions from eDocs-Express

Understanding Loan Payment Types.  Did you know that, in evaluating loan document software products, you should carefully look at the program's calculations capabilities. 

Learn about payment stream types and how we organized them in Laser Pro® to properly document loans.

Be sure to read Bob Jett's article on

     "Understanding Payment Types."

Correction - Understanding Different Types of Loan Collateral. One of our readers correctly pointed out an error in last month's article, for which we are grateful. In describing what Article 9 does not apply to, we inadvertently included transactions that create a security interest in personal property or fixtures. We have corrected the article and have reposted it to our web site library.

You can read the corrected article on

     "Understanding Collateral Types."

Web Site of the Month. Each month we are going to suggest you visit a web site that you may find to be of real value.

This month's web site is the Us Government's Official Web Portal, "FirstGov".

The web site is designed for you to find online information, services and resources of the US Government. You can search millions of web pages from federal and state governments, the District of Columbia and U.S. territories.

Did You Miss the First Three Issues of the Dispatch? If you did, you can visit the eDocs-Express Lending Center on our web site to view past issues.

     eDocs-Express Lending Center

News from the Commercial Lending World

President Bush signs The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.

President Bush signed the new bankruptcy act on April 20, 2005.


Read The President's

     "Press Release".

Commerce Clearing House (CCH) has written an excellent analysis of the new Act which is available online.

Be sure to read CCH's article on

     "The New Bankruptcy Act."

The Congressional Budget Office has published its report on the economic effect of this new legislation.

You can read the CBO's report on

     "Cost Estimate of the The New Bankruptcy Act."
Send a copy of the Dispatch to a friend. Want to know more? Contact us. Recommend a subject for a future issue of the Dispatch.
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925-245-4880
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