The Default Services and Tracking module provides a bi-directional interface between your Loan Servicing module and participating default service providers in a real-time environment, dramatically reducing the error-prone task of gathering information, the need for photocopying, mailings, shipping, phone calls and faxes.

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The Default Services and Tracking module provides a competitive advantage:

• Fully integrated with the Loan Servicing module
• Real-time tracking of foreclosure status, cost, balances and more
• Eliminate faxes, overnight packages, postage and courier fees
• Private, secure messaging system
• Permanently stores all correspondence between the servicer and vendor
• Reduce foreclosure timelines
• Dramatically reduce errors
• Eliminate information delays
• Timely information reduces risk
• Fast data exchange through the Internet
• Improve customer satisfaction
• Very intuitive and easy to use
• System design separates responsibilities between servicer and vendor
• Lower overall loan servicing costs
• And much, much, more...