Fiserv Introduces Loan Boarding for LoanServ Tool

[kreslik.news]

Brookfield-based financial services technology provider Fiserv Inc has upgraded its LoanServ loan modification tool to offer faster processing and to help clients accurately evaluate borrower information in a world where loss mitigation is tasked with strict adherence to federal requirements.

As a result of this improvement, LoanServ has introduced Loan Boarding which enables servicers to take advantage of unique capabilities that provide real-time loan decisioning for Fiserv customers. The offering helps improve loss mitigation management and adherence to Fannie Mae investor reporting requirements. Moreover, it reduces the workload and time required to acquire performing and defaulted loans – minutes instead of ... (read more)