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Brookfield, WI -- Fiserv Lending Solutions is looking to take its MortgageServ loan servicing system to the next level by enabling it to support loans that are not solely real estate-related.
The system currently enables servicing of first and second mortgages, home-equity lines of credit and home-equity loans on a single platform. Distressed loans can also be managed on the same platform.
Tom Gorman, a Fiserv president based in South Bend, Ind., told MSN that they are seeing "significant growth" on the home-equity side, doubling the number of home-equity lines of credit supported on the system.
He credits this to industry dynamics, such as ...
Source: HighBeam Research, Roundup: Fiserv Looks to Expand MortgageServ's Range.(Fiserv Lending...