Archive for October 26th, 2006
Faulty Broker Payments - How much Money do Mortgage Companies deny themselves ?
0 Comments Published by Rajgo October 26th, 2006 in Business Rules, BRMS, Rule Engine, QuickRules.NET, BRE, Business Rule Engine, Business Rules Management System, Finance, MortgageWe know that Mortgage companies work with brokers to sell their Mortgage products. Once a loan is approved, the Mortgage company will need to pay these brokers their broker fees.Now, in many mortgage firms, the pricing rules for broker fee calculation are captured as database stored procedures. So, if there is some issue with a […]
Automotive Finance - Get into Top Gear with Business Rules
1 Comment Published by Rajgo October 26th, 2006 in Business Rules, BRMS, Business Rules Management System, Finance, Vehicle FinanceAutomotive finance companies, brokers offer various finance products for a whole range of vehicles. Some of the contract types could be
Business Contract Hire
Personal Contract Hire
Personal Contract Purchase
Sale and Leaseback
Non Status/Sub Prime Contracts
Lease Purchase
Hire Purchase
..
The number of vehicles that are available in the market is also varied. Add to this the number of institutions that provide […]
