DRI, a provider of default management solutions for the mortgage industry, says that Wingspan Portfolio Advisors LLC, a Dallas-based mortgage servicing specialist, has implemented DRI's default management software, Default Solution, as the foundation for its new high-conversion servicing solution.
By using Default Solution, Wingspan Portfolio Advisors is able to easily manage thousands of defaulted loans while accommodating its own unique high-touch servicing processes, all from one easy-to-use system, says DRI.
DRI's Default Solution is designed to enable companies to minimize the need for traditional levels of personnel to service defaulted loans, and helps expertly manage and automate the handling of those assets. Software modules cover all aspects of the default management cycle – from loss mitigation to bankruptcy, claims and litigation, as well as property preservation and pre-foreclosure.
Source: DRI
