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Meritech To Use LenStar Service.(XML Web-services)(Brief Article)
Meritech Mortgage Services, a servicer of non-conforming residential loans, has chosen London Bridge's LenStar technology to manage communication with attorneys regarding defaulted loans.
The system is being implemented in Meritech's home office in Fort Worth, Texas.
LenStar is part of the BridgeLink network of XML Web-services. LenStar enables servicers to electronically communicate with attorneys and monitor the progress of default-related legal work, ensuring lender, state and investor compliance.
By automating the default communication process, LenStar claims to increase productivity and efficiency while also ...
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