We are excited to announce the release of version 4.10.1.1 of the Bright POS, which includes the following improvements:
1. Fixes
Bright POS
- Updating of FormFree nomenclature to AccountChek
2. Closed loan document expiration
We have introduced a new feature to enhance borrower document security after loan closure (Closed, Withdrawn, Declined, Canceled). When enabled, lenders can set an expiration period (e.g., 30, 60, 90 days) for borrower visibility of open loan documents, automatically hiding them after the specified time, while retaining access on the backend. If no value is set, documents remain visible to borrowers as before. This feature mitigates PII exposure risks, especially in case of unauthorized account access, reducing the potential for sensitive information theft.
Contact BSM to enable this feature.
3. Borrower workflow enhancement – Optional Address and Phone Number fields
This feature introduces key enhancements to the borrower application workflow, allowing loan officers to start applications faster by making the address field optional or primary phone number field optional during sign-up. Borrowers can now proceed without being required to provide this information upfront, reducing friction in the initial stages of the process.
Contact BSM to enable this feature.
