ServiceLink Combines Default Tech, Processing

ServiceLink, a provider of origination- and default-related solutions and technology, has announced an end-to-end default solution that the company says enables servicers to bridge their current technology to ServiceLink's loss mitigation and default technology and outsourcing services.

ServiceLink says the solution focuses on processing efficiency and minimizing loss severity, while maintaining compliance with government-sponsored enterprise, private investor and mortgage insurance regulations and guidelines.

The solution combines ServiceLink's Commerce Velocity technology with customized outsourcing components, including the processing of loan modifications, short sales and deeds-in-lieu of foreclosure. ServiceLink can provide the solution on a continual basis or on an as-needed basis, the company says.

SOURCE: ServiceLink

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