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GCC Touts Web Access, Windows Upgrade to MBA Crowd.(GCC Servicing Systems)

Mortgage Servicing News

| November 01, 2004 | COPYRIGHT 2004 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

GCC Servicing Systems here is bringing its largest representation at the MBA convention in five or six years, according to company president and CEO Glenn Liebowitz.

Mr. Liebowitz told MSN that with the introduction of a Web-based option and the conversion of the company's clients to its new Windows-based software, GCC is ready to pitch itself as a major player in the loan servicing automation business.

Last summer, GCC Servicing Systems, a mortgage service bureau and mortgage servicing technology provider, started transitioning clients to its new Windows-based system.

The company announced the conversion of the first two clients in July and recently brought another 20 onto the new system. Clients experienced little down time because the conversions were completed over a weekend. GCC also conducted Web conference training to help users adapt to the new system.

Only one client - GCC's largest - has yet to be converted. That conversion requires more testing and integration, and it is scheduled to take place next February, Mr. Liebowitz said.

The company has also unveiled a new Web-based version of its software that allows bank tellers, branch managers and loan officers to have access to the servicing system.

That option is geared toward clients that choose not to integrate the servicing software into their core bank processing system.

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