We worked closely with the servicing industry to develop an automated, collaborative solution engineered for default servicing. DefaultView answers the call for greater efficiency and transparency across the default life cycle.
But it doesn't stop there.
In today’s world, a new default servicing system must satisfy a host of demands. It must:
- Reach across geographic boundaries
- Help you comply with new and emerging requirements
- Reduce reputational risk
- Pay for itself by reducing expenses
- Scale up or down to support business growth and changes
- Be easy to learn and use
- Provide the flexibility to meet ever-changing needs
DefaultView does those things. And more.
DefaultView is a fully integrated, secure, cloud-solution platform built on an open architecture to enable integration with third-party applications and providers, shorten IT implementation timelines, and reduce maintenance costs. Through its layered-platform structure, DefaultView brings all servicing data and functions onto a single platform with a common user interface. Whether users work in the same room or on different continents, DefaultView brings them together in a shared work environment.
Benefits of the cloud.
Our private-cloud platform is securely accessed via the Web. We host and maintain the application software to speed implementation, reduce hardware costs, and ease resource strain.
The loan-centric difference.
Rather than centering on a department or function, DefaultView uses a master loan file as the centralizing feature. By doing so, the DefaultView loan-centric foundation permits any employee who receives a loan file to see a complete loan history with the status, alerts, and details of actions taken by all departments.
Collaborative platform + application modules.
DefaultView drives return on investment through a practical set of embedded, system-wide tools and resources that accelerate workflow. Above the platform, but connected through its layers, the functional modules house the automated workflow processes of each default servicing group.
- Loss Mitigation
- Preforeclosure
- Collateral Valuations
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- Foreclosure
- Bankruptcy
- Litigation
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- REO
- Property Preservation
- Claims
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Each module allows you to configure and change workflow to align with your processes, policies, and business rules. DefaultView won’t make you change the way you do business—it simply automates what you’re doing today.
