FOR IMMEDIATE RELEASE

For more information contact:
Carleton Sales Team
574.243.6040 option #3
sales@carletoninc.com

The OriginationPlus module leverages the CarletonCalcs® Origination and Compliance modules together in a single API call to compute transactions that are compliant from internal institutional thresholds as well as federal, state usury requirements.

OriginationPlus allows Carleton’s clients to maximize their profit by computing transactions at or near internal and state maximum allowable rates.  If a specific transaction exceeds the state usury or internal maximum policy interest or finance charges, Carleton’s Origination Plus engine will reduce the interest rate automatically, consistent with an amount set by institutional guidelines, until the transaction passes the compliance validation.

This solution allows Carleton’s partners to streamline the compliant calculation process by utilizing one API call versus computing multiple transactions and validating compliance separately.

For more information on OriginationPlus, please contact your Carleton Representative.

About Carleton, Inc.

Carleton is the country’s leading provider of financial calculation software, loan origination compliance support, and document generation software. With over 55 years of experience, our ongoing expertise and industry knowledge reaffirms why Carleton is a trusted partner. Founded in conjunction with the Truth In Lending Act, Carleton provides expert compliance support with continuous accuracy in all our calculations and disclosures at a state and federal level. To learn more about Carleton’s lending solutions, contact our sales team at sales@carletoninc.com or 574-243-6040 option #3.