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Harland Financial Solutions, which recently acquired Interlinq Software of Bellevue, Wash., has added default management capabilities to Interlinq Loan Servicing.
Joe Filoseta, vice president of business development in Harland's mortgage group, said default management is typically the most time-consuming and expensive aspect of loan servicing.
"Interlinq's ability to track loans in all stages of default can maximize profitability by shrinking case-resolution times," he said.
The new default management capabilities include loss mitigation analysis, bankruptcy guidelines, foreclosure analysis, claims automation and REO management.
At the annual convention of the Mortgage Bankers Association of ...
Source: HighBeam Research, Interlinq Adds A Default Suite.(Interlinq Software)