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GCC Converts Legacy System.(Brief Article)

Mortgage Servicing News

| March 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

Executives from GCC Servicing Systems here will unveil a new look for its software at this year's MBA conference as well as spend time talking to other attendees about industry trends.

GCC has completed a conversion of its legacy system to create a Windows-based, Explorer-type navigation environment for its loan servicing software. And the company's president, Glenn Liebowitz, said GCC will have six employees at the show, its largest contingent of participants going to the conference in the company's 25-year history.

He said now is a good time to be talking to the industry about enhanced software.

"People are always talking about outsourcing," he said. "This is a big show for us."

One topic he expects will generate some exhibit hall traffic at the convention is the Federal Home Loan Banks' Mortgage Partnership Finance program.

He said the MPF program has attracted a lot of interest from community banks.

"I'm hearing every day now from banks that are talking about getting into that program," he said.

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