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Open Solutions Adds Collections Support.(Open Solutions Inc. new asset collection software)(Brief Article)

Mortgage Servicing News

| February 01, 2003 | COPYRIGHT 2003 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

Open Solutions Inc., a provider of integrated technologies for community financial institutions, has created an asset collection management system for processing and recovering nonperforming loans.

The software also can be used to manage collection of negative balance deposit accounts, over limit lines of credit and legal status accounts.

Open Solutions chairman and CEO Louis Hernandez said the collection ...

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