""ISGN Corporation"":http://www.ISGN.com, a Pennsylvania-based provider of technology products and services to the U.S. mortgage market, has implemented a new user interface for its[IMAGE]LenStar technology, a Web-based attorney and referral communication system for default management.
The company explained that the new interface has a streamlined navigation with an updated, intuitive design and has been designed to easily accommodate the addition of new features and functionalities in future generation roll-outs of LenStar.
""With the proliferation of foreclosures and bankruptcies throughout the past several years, lenders and attorneys need increasingly more sophisticated technologies that
[COLUMN_BREAK]reduce transaction time and enhance the overall user experience,"" said Dave Heigl, product manager for the default suite of products at ISGN.
Heigl went on to explain, ""We enhanced LenStar's invoice management functions with our release of the Invoice Processing System earlier this year, and now we have updated LenStar's user interface to match that system. This is one of many exciting projects that expand the LenStar platform and capabilities. Part of being an ISGN customer is knowing that we are constantly improving our technologies to fit the evolving needs of our users.""
The LenStar network provides servicers access to lenders and attorneys servicing over 25 percent of the residential loans in the country, ISGN said. With LenStar, users are able to share critical foreclosure and bankruptcy loan information from their desktops, reducing the need for phone calls, faxes, and shipping. LenStar also automates the ordering of title and automated valuation model (AVM) and broker price opinion (BPO) evaluations.
With more than 1,100 customers, including large global banks and many of the top ten lenders in the United States, ISGN's product line includes a full range of origination and settlement services â€" origination, servicing and default platforms, BPOs, closing and settlement services, title, valuation, and flood â€" as well as core servicing components and loss mitigation services.