CMHC today released Advice 11 which outlines changes to the NHA MBS Circular – form 2834. TAO Solutions is currently analyzing the changes involved to determine the timelines for releasing an updated version of the 2834 to our clients. We expect to announce a release date in the coming days. While we are making every effort to…
DetailsTAO Solutions, a leading global provider of software solutions for structured finance and credit asset processing is delighted to announce some exciting new features for LeaseSpark customers. The following are just some of the latest available features that LeaseSpark users can access: Spark Workflow 2.0 The LeaseSpark workflow automation engine allows our customers to integrate…
DetailsTAO Solutions, a leading provider of software designed to empower the financial services industry with operational agility and robust capabilities across the globe, announced today that it is Great Place to Work Certified. This certification is based on information provided through an extensive Culture Brief completed by the company and an anonymous survey completed by…
DetailsIn response to the communique issued by CMHC on August 12 regarding several accommodations to liquidation rules for pooled loans, TAO Solutions is pleased to announce updates to the MortgageHub application to assist NHA MBS issuers with supporting these new requirements. Enhancements to the MortgageHub application to satisfy CMHC’s requirement to maintain two separate amortization…
DetailsIn order to support upcoming functionality such as Data Analytics and other exciting features, TAO Solutions is upgrading MortgageHub and SecureHub’s framework from .NET 4.5.2 to .NET 4.8 with the 2020R3 and 2020R2 updates, available for general release on September 18 and October 31, 2020, respectively. Clients wishing to upgrade to these new MortgageHub and…
DetailsAs you are probably aware, CMHC issued a communique to all approved NHA MBS issuers on August 12, 2020 that detailed several accommodations to liquidation rules for pooled loans. More specifically, CMHC is providing issuers with liquidation flexibility for loans with modifications that allow for “deferral arrangements, capitalization, amortization extensions, and temporary interest-only payments.” In order for…
Details