GOLDPoint Systems’ 2024 In Review: Last Year’s Development Highlights

2024 was a big year for GPS and its clients. We continued the march towards our all-Web future, servicing a ton of loans and making our client institutions a ton of money along the way. All signs point to 2025 being another productive and lucrative year, particularly as we plan to roll out our browser-based loan servicing software as early as Q1!

In continuing an annual tradition, we combed through last year’s releases to list some of the major development highlights made possible by GOLDPoint’s hardworking employees in 2024.

Quarter 1

• Our loan origination system, GOLDTrak Online (GTO), has a new FIMC module as well as a section where users can add exception and reference information.

• Our workflow automation tool, the Automated Workflow Engine (AWE), has been updated to add additional exceptions indicators to certain steps.

• Our customer loan portal, GOLDAccount Center, can now provide a fully itemized payoff quote that can be downloaded to PDF. Additional enhancements include updates to multiple factor authentication (MFA) and notifications to customers when changes are made to certain critical fields.

Quarter 2

• We released Info Capture, our newest browser-based document upload portal that allows branches to upload pictures of collateral and document images directly to loan applications.

• Document Engine, our document management system, has been enhanced to easily import and export bulk documents.

• GTO has been updated to include a disclaimer option as well as enhancements to the exceptions section introduced in Q1.

• We continued to improve the bulk transaction process by incorporating the capability to post insurance and trustee payments.

Quarter 3

• In our continued effort to handle multiple refund scenarios in Texas, a new blended tier refund method was created. GOLDPoint Systems has been reviewed by Texas as the only licensed lender to offer both the Scheduled Installment Earnings Method and the True Daily Earnings Method for Chapter 342, Subchapter E loans.

Quarter 4

• Our dealer portal, Dealer Suite, received additional enhancements to MFA, electronic signature options, and some eligibility updates.

• Consumer Application Manager (CAM), our online loan portal, continues to receive enhancements to meet the unique needs of our users. This includes updates to our loan decisioning portal, the AWE.

• We continue to make updates to our loan origination system, GTO. These include a new disclaimer section as well as updates to the setup application.

• We enhanced Info Capture, the browser-based document upload portal added in Q2, to allow an institution’s customers to upload pictures of collateral and document images directly to their loan application. Info Capture Consumer can be configured by the institution to meet their unique image capture requirements.