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Special Report: Technology.(Special Report)(Brief article)
When it comes to technology, many servicers must feel overwhelmed by the choices confronting them. From loan boarding to escrow analysis to cash management to investor reporting to default management and payoff administration, servicers rely on technology to make their shops more efficient than they could have imagined a decade ago. But the landscape keeps changing, and each evolution in technology presents a new quandary. Is now the right time to upgrade? Should we scrap a legacy system and migrate to something wholly new? Does a particular option pass cost-benefit scrutiny? Sometimes, it would be nice to just take a break and keep things as they are. But that's not what the competition is doing, and you can't afford to do it either if you want to stay on top of the game.
In today's challenging mortgage environment, lenders are particularly interested in systems that help them manage ...
- DEFAULT MANAGEMENT: Special Report.(Brief Article)
- Magazine article from: Mortgage Servicing News October 1, 2000 700+ words
Perhaps no issue separates the good from the average and the bad in loan administration than default management. When a borrower runs into unanticipated financial problems and stops paying their bills, how a lender manages the situation...
- Default Management: Too Much Debt?: Special Report.
- Magazine article from: National Mortgage News January 21, 2002 700+ words
...mortgage professionals who specialize in default management and loss mitigation. Late last year...used to increase productivity in default management as well. With loan problems on the...time for lenders to review their default management and loss mitigation practices. Do...
- DEFAULT MANAGEMENT/REO: Properties in Jeopardy.(Brief Article)
- Magazine article from: National Mortgage News July 26, 1999 700+ words
...s cash flows. In our Special Report, we spoke to a number...determine the state of default management. MSTD Inc., Baltimore...Technology Xchange says its default management is going strong. The West...provides full range of default management and real estate owned ...
- Default Management/REO:: RESCUING THE BORROWER.(Brief Article)
- Magazine article from: National Mortgage News May 15, 2000 700+ words
...of its REO to a company that does a poor job. In this Special Report you will find a story on one such lender - in this case...into trouble in its Atlanta office when it outsourced its default management and REO activities to a company that apparently couldn...
- Default management technology: holding the line on servicing...
- Magazine article from: Mortgage Banking Focardi, Craig December 1, 2003 700+ words
SERVICING DEFAULT MANAGEMENT COMprises the most critical...insurers. What drives servicing default management? Servicers, investors and...flowed less freely to automate default management processes because default losses...
- Tavant Technologies Introduces Powerful Default Management Capabilities.
- Press release article from: PR Newswire October 23, 2006 700+ words
...immediate availability of its unique default management capabilities that enable mortgage servicers...Servicing applications, specifically in default management. Tavant's Default Management frameworks and capabilities enable it...
- Technology Streamlines Default Management.
- News wire article from: Mortgage Line Kuegler, Richard September 14, 2005 700+ words
...servicers. To address this need, new default management strategies have entered the marketplace...efficiencies and consistencies in their default management processes. It will explore how innovative...workflow engines to automate the default management function for servicers. A Loss ...
- ALLTEL to Acquire Default Management Network Solutions; Offer Default...
- Press release article from: PR Newswire May 14, 1998 700+ words
...that it will acquire the assets of Default Management Network Solutions, Inc. (DMNS...mortgage industry with comprehensive default management services that integrate all participants...default services. ALLTEL's new default management service will connect mortgage vendors...
Source: HighBeam Research, Special Report: Technology.(Special Report)(Brief article)