Enterprise! vs The Mortgage Office

Enterprise! is a commercial loan servicing platform for commercial real estate portfolios. It automates asset management, loan accounting and investor reporting for multifamily, CMBS, bridge loan and REO properties. Its operational tools include billing and payment processing, escrow and reserve management, construction loan tracking, draw approvals and REO management. It also handles covenant, insurance and tax administration, collateral surveillance, automated fee and remittance calculations, and book-to-bank reconciliation. Teams can configure workflows and dashboards, exchange data, and use accounting and cash movement capabilities. PNC describes a browser-based interface and borrower and investor portals with paperless options and 24/7 access. Treasury workstation integration supports real-time balance updates, general ledger and money movement. The platform includes regulatory reporting and audit tools. It runs in the cloud and receives regular updates; PNC says it helps protect customer data but does not name specific controls or certifications. PNC identifies life insurance companies, financial institutions, CMBS servicers and multifamily lenders as users. Pricing is on request; prospective customers can request more information or schedule a demo.

The Mortgage Office is a cloud platform for managing loans from origination through payoff. Its origination tools handle applications, underwriting, approvals, documents and funding, then transfer funded loans to servicing without data re-entry. Servicing supports automated payments, interest and escrow calculations, investor accounting, construction draws and regulatory reporting. The platform also covers payment processing, fee calculations, accounting, reporting, compliance tools, and fund and investor management. Borrower and investor portals provide access to account information, documents, statements and payment activity. Supported loans include conventional, commercial, construction, adjustable-rate, HELOC, rehab, DSCR, bridge, auto and equipment loans. The vendor also lists performing and non-performing loans and complex structures. Integrations include QuickBooks and other systems, with an open API for connections such as Salesforce. The platform is web-based and requires no installation when accessed from a device with a high-speed internet connection. The vendor states it maintains SOC 2 Type II compliance and uses Azure managed encryption for data in transit and at rest. Pricing is available from sales on request.