Pegasystems Unveils Pre-Foreclosure Solution

Cambridge, Mass.-based Pegasystems Inc., a provider of customer relationship management solutions, has launched the Pre-Foreclosure Solution, which the company says allows servicers to implement regulatory quality controls before initiating foreclosure.

Built on Pega's Loan Loss Mitigation Solution, the Pre-Foreclosure Solution features case management capabilities and rules-based processing. The new solution provides support for all servicing platforms and applications across collections, loss mitigation, customer service and foreclosure, as well as cloud-based delivery to the servicer, Pega says.

The system can be implemented in less than 90 days, the company adds.

SOURCE: Pegasystems


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