Lending Slowdown Puts Focus on Performance.

NEW YORK -- It's not just the mega-servicers that have to worry about squeezing as much value as possible from their mortgage servicing portfolios. Small and mid-sized lenders are paying more attention to their portfolios as well now that origination volume is slowing down.

Cary Burch, president of Lender Support Systems, Inc., told MSN Bulletin that his company's clients are looking for new ways to analyze and understand their servicing portfolio. And the company has seen an increase in inquiries about its servicing technology since formally rolling out the enhanced system.

LSSI's new Servicer 3D loan servicing platform expands upon reporting capability and data analytics. Servicer 3D replaces LSSI's LoanBase Servicer application.

Mr. Burch said between 300 and 350 customers, mostly community banks, credit unions and other small to mid-sized lenders, are using LSSI's servicing technology.

The new system runs on a newer Microsoft platform with 32 bit architecture. That framework improves the users access to data and includes a redesigned workflow, Mr. Burch said. The investor accounting system can be used by lenders for interim, pass-through or retained loan servicing, and it is scaleable up to 100,000 loans, Mr. Burch said.

While Servicer3D is primarily used for managing residential home loans, Mr. Burch said it can be used to service other products as well, including commercial property and auto loans. Seattle's famous Space Needle backs one intriguing loan on ...