DSNews The homepage of the servicing industry
Michigan-based ""VanDyk Mortgage Corporation"":http://www.vandykmortgage.com has selected the G/SERV platform from ""GCC Servicing Systems"":http://www.gccservicing.com, a provider of mortgage servicing technology and solutions, to fulfill the mortgage banker's loan servicing needs.
[IMAGE] [COLUMN_BREAK]""GCC's flexible servicing technology has helped us cut out the middleman and streamline our servicing process,"" said Justin McDowell, CFO of VanDyk. ""We plan to continue adding loans to our servicing portfolio, and this automated system alleviates the need of having additional servicing staff. This saves time and money for both our company and our borrowers.""
VanDyk, which has closed more than $5 billion in mortgage loans since 1987, selected GCC based on a referral from a fellow lender and the company's expertise with Fannie Mae loans. In 2010, that lender increased its servicing volume by 75 percent.
""It is encouraging to see VanDyk growing in this climate,"" said Glenn Liebowitz, president of GCC. ""By fully hosting the servicing platform, GCC enables lenders such as VanDyk to experience the benefits of a robust and scalable system without paying the premium costs of larger providers. This format gives servicers control over their process while not incurring the time and expense of maintenance.""
