Banco Popular [NASDAQ: BPOP] Streamlines Loan Servicing With FileTrail

Monday, October 01, 2007

Banco Popular North America (Banco Popular) has implemented a FileTrail solution in its Chicago-based Loan Servicing operations. FileTrail provides automated tracking and management of files for consumer loans, commercial loans, and mortgage loans.

Banco Popular has leveraged FileTrail flexibility, unlimited user-defined fields, and integration tools to automate boarding of new loans and synchronize updates with their loan servicing system. Each type of loan is described in a way most appropriate, providing intuitive searching for staff who need to request files.

About Banco Popular

Parent company, Popular, Inc. [ASDAQ: BPOP], is a full-service financial services provider with operations in Puerto Rico, the United States, the Caribbean, and Latin America. Banco Popular is the largest Hispanic bank in the United States, operating 137 branches in five US states.