Newsletters
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Looking to Boost Lending? Start by Looking at Key Ratios click here Brian Lynch featured in Credit Union Journal article by Ray Birch
April 6, 2009
IRVINE, Calif. To improve loan department efficiency, the credit union needs to
examine ratios showing net income per loan and net income per loan officer.
Those metrics provide the data that allows management to make sound staffing
decision and streamline loan operations, suggested Brian Lynch, president of Advantage
Systems here. You need that kind of granularity..
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Loan Zone: Accounting Makes a Difference click here July 28, 2009
Credit unions seem to be the go-to place for consumers looking for mortgage loans or
refinance options.
As credit unions gear up to meet the current and future demand for mortgages, they
need to have the proper accounting processes in place to track all the debits and credits
associated with each loan. Doing so will streamline the mortgage accounting process
and make it easier for staff to handle and to create a better lending experience for
members.
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In This Corner: Advantage Systems President Brian Lynch on the Lookout for Warehouse Lending click here Brian Lynch featured in Housing Wire article by Jon Prior
Feb. 18, 2010
Brian Lynch is the founder and president of California -based Advantage Systems, a
provider of accounting and contract management tools for the mortgage banking and
real estate development industries. With more than 30 years of experience in the
accounting industry, Lynch founded Advantage Systems in 1986 and changed the
companyys focus to the mortgage industry in 1991 with the creation of Accounting for
Mortgage Bankers (AMB), an accounting system tailored to the loan-level metrics needs
of mortgage bankers. He sat down with HousingWire to let you know how originators are
going to survive the warehouse-lending drought.
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Accounting System May Aid Growing Firms Click here Brian Lynch featured in Origination News article by Bonnie Sinnock
April 2010
In this article, Brian Lynch discusses the dramatic increase in net branching among
mortgage brokers and how the institutions growing through branches can best manage
the change. Lynch addresses the need for loan-level accounting and simple access to
branch statistics for each branch manager. In addition, branchss statistics can be
compared in order to analyze the operations of each one compared to its counterparts.
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Accounting in Lending By upgrading accounting technology, a lender in Arizona created new opportunities to grow its business and track loan-level profitability. Click here On the outside, it might not seem
like your accounting process has much effect
one way or the other on your lending
business. You get paid, you pay your bills
and you make a profit in the enddright?
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Press Releases
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Hometrust Mortgage Company Marks 10 Year Anniversary Using Advantage Systemss Accounting for Mortgage Bankers release
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Cornerstone Mortgage Selects Advantage Systemss Accounting for Mortgage Bankers release
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Advantage Systems Develops ACH Feature in Accounting for Mortgage Bankers (AMB) System Click here - Automated Clearing House function cuts transaction costs for lenders -
ATLANTA, Oct. 25, 2010 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, today announced at MBAAs 97th
Convention and Expo that it has added an Automated Clearing House (ACH) processing
function to its Accounting for Mortgage Bankers (AMB) system. AMB is an accounting system
that was specifically designed for mortgage bankers to provide loan-level detail of accounting
transactions.
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Advantage Systems Enhances Accounting for Mortgage Bankers (AMB) With Broker Price Opinion Tracking Click here - BPO feature enables loan-level comparison with appraisal values over time -
IRVINE, Calif., Aug. 11, 2010 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, today announced the addition of
a Broker Price Opinion (BPO) tracking feature to its Accounting for Mortgage Bankers (AMB)
system.
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Cornerstone Mortgage Selects Advantage Systemss Accounting for Mortgage Bankers Click here - Accounting system shortens time-intensive processes, streamlines audit -
IRVINE, Calif., June 7, 2010 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, today announced that St. Louisbased
Cornerstone Mortgage Inc. selected its Accounting for Mortgage Bankers (AMB) system
for the lenderrs mortgage accounting needs.
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Advantage Systems Launches Second Generation of Commission Calculation Module in Accounting for Mortgage Bankers (AMB) Software Click here IRVINE, Calif., Dec. 8, 2008 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced the release of its
second generation Commission Calculation Module for its Accounting for Mortgage Bankers
(AMB) software.
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Advantage Systems Adds Additional Security Feature to Accounting for Mortgage Bankers (AMB) Software Click here - Further enables lenders to restrict access to sensitive accounting data -
IRVINE, Calif., Nov. 10, 2008 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced the addition of a new
feature to Advantage Systemss Accounting for Mortgage Bankers (AMB), an accounting solution
designed specifically for mortgage bankers, that enables users to limit access to individual bank
accounts.
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Advantage Systems Sees Significant Growth in Mortgage Lender Net Branching Trend Click here - Web-based reporting tool enables information exchange throughout network of branches -
IRVINE, Calif., Oct. 27, 2009 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced that the Web-based
reporting tool within Advantage Systemss Accounting for Mortgage Bankers (AMB) is now used
by 1,590 branch locations across the United States, a 64 percent increase over the same time
last year.
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Advantage Systemss Web-Based Reporting Tool Supports Growth of Net Branches Click here - Enables lenders to manage exchange of information throughout network of branches -
SAN FRANCISCO, Oct. 19, 2008 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced at MBAAs 95th
Annual Convention and Expo (booth 838) that the Web-based reporting tool within Advantage
Systemss Accounting for Mortgage Bankers (AMB) is now used by 971 branch locations across
the United States.
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Home America Mortgage Selects Advantage Systems for Accounting System Click here IRVINE, Calif., Oct. 9, 2008 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced that Home America
Mortgage, a Lawrenceville, Ga.-based residential mortgage lender that offers financing to
consumers throughout the Southeast and in Colorado, selected Advantage Systemss
Accounting for Mortgage Bankers (AMB), an accounting solution designed specifically for
mortgage bankers, to streamline its accounting practices.
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MegaStar Financial Corp. Selects Advantage Systemss Accounting for Mortgage Bankers Click here SAN DIEGO, Oct. 12, 2009 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced at MBAAs 96th
Annual Convention and Expo (booth 526) that Denver-based MegaStar Financial Corp. selected
Advantage Systemss Accounting for Mortgage Bankers (AMB) to streamline its accounting
practices.
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Advantage Systems Adds Dashboard Feature to AMB Accounting Software Click here - Adds functionality of accounting system for non-accounting staff -
IRVINE, Calif., July 24, 2008 - Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced the addition of a
dashboard analytics feature to its Accounting for Mortgage Bankers (AMB) software package.
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Advantage Systemss Accounting for Mortgage Bankers (AMB) Increases Revenue by 41 Percent in First Half of 2009 Click here - Growth illustrates increasing stability among mortgage originators -
IRVINE, Calif., July 21, 2009 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced that revenue for its
Accounting for Mortgage Bankers (AMB) system has increased by 41 percent in the first and
second quarters of 2009 over the pervious period in 2008.
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Advantage Systems Launches Auto Import Application for Use with Accounting for Mortgage Bankers (AMB) System Click here IRVINE, Calif., Jan. 27, 2011 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, has released its new Interface
Services module, a server-based application that automatically imports data from disparate data
sources, such as loan origination or servicing systems, into the Accounting for Mortgage
Bankers (AMB) system.
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Hometrust Mortgage Company Marks 10 Year Anniversary Using Advantage Systemss Accounting for Mortgage Bankers Click here IRVINE, Calif., May 10, 2010 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced that Houston-based
Hometrust Mortgage Company has been using its Accounting for Mortgage Bankers (AMB)
automated accounting system for 10 years.
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Cascade Financial Services Selects Advantage Systemss Accounting for Mortgage Bankers Click here.. IRVINE, Calif., Feb. 9, 2010 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced that Mesa, Ariz.-
based Cascade Financial Services selected Advantage Systemss Accounting for Mortgage
Bankers (AMB) automated accounting system to address the lenderrs mortgage accounting
needs.
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Advantage Systems Achieves Record Sales in 2009 Click here IRVINE, Calif., March 2, 2010 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced that it posted record
sales in 2009, surpassing its previous highest sales year of 2006 by 6 percent. The sales figure
represents a 28% increase over 2008. The company cites increased sales of the Web Based
Branch Reporting Tool within its Accounting for Mortgage Bankers (AMB) system as a strong
driver of the growth.
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More Than 1,000 Branches Using Advantage Systemss Web Based Branch Reporting Click here IRVINE, Calif., Jan. 20, 2009 Advantage Systems, a provider of accounting and contract
management tools for the mortgage and real estate industries, announced that 1,043 mortgage
branches at 24 different lending organizations currently use the Web Based Branch Reporting
Tool within Advantage Systemss Accounting for Mortgage Bankers (AMB) system
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Cascade Financial Services Selects Advantage Systemss Accounting for Mortgage Bankers Release IRVINE, Calif., Feb. 9, 2010 Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, announced that Mesa, Ariz.-based Cascade Financial Services selected Advantage Systemss Accounting for Mortgage Bankers (AMB) automated accounting system to address the lenderrs mortgage accounting needs.
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MegaStar Financial Corp. Selects Advantage Systemss Accounting for Mortgage Bankers click SAN DIEGO, Oct. 12, 2009 Advantage Systems, a provider of accounting and contract management tools for the mortgage and real estate industries, announced at MBAAs 96th Annual Convention and Expo (booth 526) that Denver-based MegaStar Financial Corp. selected Advantage Systemss Accounting for Mortgage Bankers (AMB) to streamline its accounting practices
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