Blue Sage Solutions, a provider of mortgage technology, has launched the Blue Sage Digital Servicing Platform (DSP), enabling lenders to utilize a fully integrated platform covering the entire mortgage lifecycle.
The initial version of the system includes all necessary functions to perform interim servicing, with full-scale servicing functionality to follow.
The Blue Sage Digital Servicing Platform uses API-based technology that merges loan origination and servicing functions seamlessly and is fully compliant, the company says in a release.
All lenders, regardless of their current LOS, can use the new platform to automate closed loan transfers, process individual and batch payments, onboard loans, collect payments and more.
The Digital Servicing Platform modernizes servicing operations, reduces costs, and enhances borrower retention. Utilizing the same trusted technology and architecture as all Blue Sage offerings, the platform offers a modern, user-friendly system accessible via any browser enabling an optimized borrower and lender experience.
The full servicing version of the Blue Sage Digital Servicing Platform will include expanded functionality such as investor reporting and default management, providing lenders and servicers with a continually evolving platform capable of adapting to their growing needs and industry demands.
“We are thrilled to introduce a truly innovative, digital, cloud-built servicing platform that we expect will transform mortgage servicing operations as we know it,” says Carmine Cacciavillani, founder and chairman of Blue Sage Solutions. “This groundbreaking achievement personifies our commitment to driving innovation and efficiency—not only within the loan production process, but throughout the entire mortgage lifecycle.”