CEO Update
For the CEO Responsible for Real Estate Loans - September 1998
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CONSIDERATIONS IN PREPARING YOUR 1997 BUDGET


SOFTWARE MAINTENANCE $ NO INCREASE

Once again MC is pleased to announce there is no planned increase in the monthly Service Support for 1997.

MANUALS ON THE INTERNET

During 1997 MC will be adding more manuals to the Internet. This should reduce your costs for postage and extra manuals, make it easier for staff to obtain answers, improve efficiency, and reduce your operating costs.

1997 MC ANNUAL CONFERENCE

The MC Annual Conference is the type of training that is difficult to obtain elsewhere. Here you meet with others in the industry, learn how they organize and staff, pick up new methods, new loan products, hear new ideas, share ways to improve, hear how others are doing it, and above all, learn how to improve services, all of which results in benefits to you and your customers.

Sessions will cover all programs offered in the MC OFFICE Software package. The Management Tool Kit (MTK) is a hot issue. The benefits are outstanding and extremely beneficial. EDI-Plus is the way of the future.

    March 10 and 11, 1997
    Red Lion Hotel
    Salt Lake City, Utah

Estimated registration for budgeting: $375

TRAINING

LEVEL I TRAINING $ FREE
Level I training for Mortgage Banker and Loan Servicing is held monthly in Ogden, Utah, except during October and December. Classes are held Monday through Saturday afternoon, and evenings on Wednesday and Friday. Staff members coming to training should arrive Sunday and leave the following Saturday or Sunday.

Training for Construction, General Ledger and Pool Disbursement is reserved for one-on-one in Ogden, Utah. Allow for two to three days of training. Arrangements for one-on-one training should be made four to six weeks in advance.

IN-HOUSE TRAINING
Training is available for the Mortgage Banker and Loan Servicing packages. Training can be up to five days. MC suggests two to three days is usually sufficient. Arrangements for in-house training must be made six to eight weeks in advance.

    Cost: $300 per day per MC employee
    plus all expenses, including travel, lodging
    meals, parking, tips, etc.

FALL REGIONAL USERS TRAINING WORKSHOPS

The month of October is reserved for Regional Users Training Workshops. This is a new, innovative training idea. The agenda will be set by the Regional Users Group, to provide solutions to the individual problems or needs of the group members. The facility for the Training Workshop will be provided by the Users Group.

    Held during October 1997
    Locations to be announced
    Cost -- Minimum

MC OFFICE SOFTWARE PACKAGE

The MC OFFICE Software offer of $9,500 is good until February 1, 1997. Thereafter, the price will be the standard market price.

If you are not using all the "tools" available with the MC OFFICE Software automation, expand your budget for growth and additional benefits for you and your borrowers in 1997.

CONSIDER MOVING MC SOFTWARE

With the price of hardware dropping so drastically over the past few years, it is a wise investment to consider moving the MC OFFICE Software to its own computer box.

The advantages are:

  • Improved response time
  • Increased employee productivity
  • Add updates anytime
  • Independent from Main System
  • Have all the benefits of the Main System