Our institution has loans with multiple pieces of collateral. Sometimes a loan can have up to 10 pieces of collateral. Is that going to be okay? How would you like us to send over the data?
Dear Multiple Collateral,
Visible Equity can show multiple collateral pieces per loan. Details on additional collateral pieces can be included either
1) in separate columns on a single row within a data file, or
2) on a separate row in a data file if the Loan ID Number is repeated on the additional row(s).