Home / News / Technology / Fiserv Integrates Common Origination Platform with LoanServ Solutions
Print This Post Print This Post

Fiserv Integrates Common Origination Platform with LoanServ Solutions

""Fiserv, Inc."":http://www.fiserv.com/index.htm, a Wisconsin-based global provider of financial services technology solutions, announced that its Common Origination Platform and LoanServ solutions have been integrated to provide real-time, full-circle loan boarding processes for all mortgage, lines of credit, and installment loans.

[IMAGE] [COLUMN_BREAK]

The integration provides a consolidated view of each customer as well as a single view of risk for their loan portfolios. It also eliminates duplication within processes and the business management of the systems and cuts out potential errors caused by manual data entry.

""Fiserv has clients that use LoanServ to service mortgages, unsecured personal loans and home equity products, and others are using Common Origination Platform to also originate and close the same types of loans,"" said Kevin Collins, president of Lending Solutions at Fiserv. ""As a result of our integration strategy, organizations that deploy both Common Origination Platform and LoanServ will experience the benefits of improved efficiency and enhanced technology that meets all industry standards.""

About Author: Tory Barringer

Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.
x

Check Also

Expert Insights: Maximizing Loss Mitigation Options

Donna Schmidt, Managing Director and Founder of DLS Servicing, discusses the intricacies and difficulties in administering the loss mitigation waterfall.