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July 25, 2008
First American Loan Production Solutions Expands Data, Workout Options
First American Loan Production Solutions has announced the expansion of its borrower identification data and workout options to create a complete loan modification system designed to help servicers prevent foreclosures. The new offering combines credit scoring, valuation services, risk modeling, scoring, document preparation, and document recording to identify borrowers who are most at risk of foreclosure, the company said. Borrower refinance and workout options are then presented, and documents needed to complete the loan modification process may be created.
Posted by S. Germain at July 25, 2008 08:21 AM