Equator, an Altisource business unit and provider of mortgage servicing software, says it has enhanced its product suite with its new loan management module to assist mortgage loan servicers with compliance and transparency across their businesses and technologies.
The new loan management module strengthens a mortgage servicer's existing technology, making it easier to administer rules, assign loans, reconcile portfolios and take snapshots of decisions.
The module simplifies compliance for servicers by creating detailed audit trails and compliance checks that are documented, stored and easily accessible for review. It can be used throughout the entire lifecycle of default from delinquency through liquidation, Equator explains.
