Home / News / Loss Mitigation / IndiSoft Delivers Default Servicing Tool to Counseling Agencies
Print This Post Print This Post

IndiSoft Delivers Default Servicing Tool to Counseling Agencies

""IndiSoft"":http://www.indisoft.us, a Maryland-based technology development firm, announced Tuesday that its workflow technology now assists housing counseling agencies with internal operations and communications.

[IMAGE] Housing counselors provide consumers with advice on housing options as well as information regarding defaults, foreclosures, and credit issues.

IndiSoft explained that its RxOffice Premium Counselor Edition provides case and document management features customized for counselors and allows them to more effectively communicate with both financially troubled consumers and servicers.

""Counseling agencies have always performed an essential service to consumers and homeowners, and their function today is especially critical as a growing number of troubled borrowers rely on expert counsel from these organizations,"" said Sanjeev Dahiwadkar, president and


CEO of IndiSoft. ""RxOffice supports the efforts of counseling agencies across the country by streamlining processes while protecting personal financial information.""

""HPP Cares"":http://hppcares.org/aboutus.php is a grassroots nonprofit agency that provides foreclosure prevention services throughout California, and they've already employed the IndiSoft system.

""IndiSoft's technology allows us to assist more troubled borrowers,"" said Katherine Peoples-McGill, executive director of HPP Cares. ""RxOffice completely revitalized our internal processes, which are now quick and accurate. HPP Cares is focused on helping people acquire and sustain homeownership, and with IndiSoft's workflow tools, we can better focus on that goal.""

The RxOffice Premium Counselor Edition is a collaborative platform that collects the homeowner information to facilitate an effective workout strategy. IndiSoft explained that the open architecture software automates and accelerates processes and offers complete transparency.

""RxOffice Premium Counselor Edition was created specifically to serve counseling agencies and their distinct challenges, and we know that in alliance with these organizations we can positively influence the rebound of the housing market,"" Dahiwadkar said.

IndiSoft develops, licenses, and supports a wide range of SaaS solutions for the financial services industry, including RxOffice Legal, RxOffice Mortgage Insurer, and RxOffice Reporting Portal. The RxOffice platform is offered to mortgage insurers, investors, servicers, counselors, and homeowners.

About Author: Heather Cernoch


Check Also


How to Streamline Mortgage Servicing

The use of APIs and web applications will go a long way in improving the customer experience. This piece originally appeared in the August edition of DS News.


Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.