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TFH Uses VOIP to Automate Delinquency Management.

Mortgage Servicing News

| April 01, 2005 | Garritano, Anthony | COPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

New York -- Delinquency management company TFH here recently upgraded to a VOIP platform to more effectively apply its best practices expertise to better serve the mortgage industry.

"We've recently upgraded our platform so it's almost entirely VOIP," said TFH CEO Louis Summe. "By doing this we are able to increase the sound quality of the call. Also, by moving to a VOIP platform we're able to remove a lot of the technical and capacity limitation constraints.

"For example, we can make 10,000 simultaneous calls through one data port, whereas with a legacy you're dealing with one port per phone call," he said. "What that means is if your call center has a surge in traffic you don't have to worry about any capacity constraints."

The system is Web hosted by TFH and the servicer can pass the company their list of delinquency calls to automate the process. In addition, the company's TeleCollector application has a control panel that allows the user to enter their rules into the system and customize the process.

"Our control center allows the customer to allocate how many operators are available, the number of simultaneous calls that they want to generate and TeleCollector graphs the number of transfers to show the user the results," said Mr. Summe. "The basic idea is that the client wants to keep their agents busy but not too busy because customer satisfaction suffers."

To make the process even more transparent, hold times are highlighted in red to let the servicer adjust accordingly. Technology aside, TFH ...

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