Tag Archives: GCC Servicing Systems

GCC Servicing Systems released a new Insurance Renewal System to simplify the insurance payment process for servicers. The Insurance Renewal System automates the process of organizing and sending insurance vendor payments. Previously, servicers had to manually bundle the incoming bills by vendor code and date range and could only pay and balance a single vendor at a time.

GCC Servicing Systems, a provider of mortgage servicing technology and solutions, has announced the availability of a new investor accounting and reporting component through the company's professional services suite. This new offering enables servicers to meet the accounting and reporting requirements of Fannie Mae, Freddie Mac, the Federal Housing Administration (FHA), and the USDA's Rural and Community Development loan program. It also agency default reporting.

Michigan-based VanDyk Mortgage Corporation has selected the G/SERV platform from GCC Servicing Systems, a provider of mortgage servicing technology and solutions, to fulfill the mortgage banker's loan servicing needs. 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.