Tuesday, May 16, 2006

MAKE LOAN RESEARCH MORE EFFICIENT
Google's new NoteBook Tool can help keep track of research


Here is a great example of how you can apply new technology to streamline a process that usually is, quite frankly, a pain in the *%$.


Google this week released a new tool in the Google Labs (google labs is where technology debuts and then once it matures and is relatively bug free, it graduates "out" of the labs) called "Google Notebook." With Google Notebook, you can browse, clip, and organize information from across the web in a single online location that's accessible from any computer. Planning a trip? Researching a product? Just add clippings to your notebook. You don't ever have to leave your browser window.

The way Notebook works is by downloading a plug-in that allows your browser to maintain and icon in the lower right as well as a right click menu option. The simplest way to add a clipping is to highlight the text and/or image, right click, and then choose "Note This". You can create different notebooks for different purposes (ie-borrower research), and then add section headings to divide up the notebook (ie-borrower's name).

For Example, below is a screenshot of how I used NoteBook to catalogue some program guidelines for a client who needs to use Stated Income.

Changing the way you work is often difficult. However, for the 30 seconds it takes to install the notebook browser plug, it's worth trying out. I'm impressed and can imagine other uses for this tool surfacing in the future.

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