Vision Pro Loan To Value

Loan To Value Notification (Public Law 105-216)

MACC-TRAC / Vision Pro^© addresses the new Homeowner’s Protection Act of 1998, Public Law 105-216, which went into effect in July, 1999. This is the law that states that a servicer must inform a borrower immediately when the loan-to-value ratio drops below 75% and mortgage insurance must be dropped. We believe this will just be another litigious opportunity against lenders.   With MACC-TRAC / Vision Pro^© your staff will know immediately when to make these required notifications.  No current servicing system, to our knowledge, provides this accountability.