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February 22, 2008
iMortgage Services Offers Loan Workout Platform
iMortgage Services (iMS) is toting the value and availability of its proprietary PropertySmart(TM) system—a product that allows servicing departments to perform a loss mitigation title search immediately and quickly move forward with the loan modification process.
iMortgage says in cases where there is “no intervening liens on the property,” the proprietary platform allows servicers to move swiftly through the loan modification process. And through its platform, the company claims servicers can obtain a new valuation as well as a record of settlement services.
Posted by S. Germain at February 22, 2008 08:08 AM