Tag Archives: IndiSoft

National Creditors Collections Inc. (NCCI), a provider of field contact, loss mitigation, and onsite inspection services, recently starting using the RxOffice loss mitigation portal from IndiSoft, a technology development firm specializing in default management. NCCI plans to use the technology to enhance its field contact efforts for hard-to-reach homeowners.

IndiSoft, a Maryland-based technology development firm that focuses on systems for the default services industry, announced Tuesday that Arvind G. Chitale has joined the company's advisory board. Chitale, CFO of Washington, D.C.- based Rodman's Discount Stores, will advise IndiSoft in business and financial matters.

IndiSoft, a Maryland technology development firm that focuses on systems for the default services industry, was awarded the U.S. Government Services Administration (GSA) IT 70 Schedule contract, allowing the company to provide default management technology to government agencies. IndiSoft's mortgage technology is now available on GSA Advantage, the government's electronic ordering system.

Wingspan Portfolio Advisors, LLC, a specialty and component mortgage servicer focusing on highly delinquent loans, is expanding its partnership with technology developer IndiSoft. Wingspan will use additional RxOffice portals from IndiSoft to explore foreclosure alternatives, such as short sales, for homeowners who do not qualify for loan modifications or are unable to retain their homes.

IndiSoft, a technology development firm that focuses on systems for the default services industry, recently promoted Devdatta Patil, a senior software engineer, to software release manager. He now manages deployments and configuration in multiple environments and ensures each release is ready for market. Patil's new position also requires him to manage, maintain, and improve the related process controls of configuration and release management.

IndiSoft, a technology development firm that focuses on systems for the default servicing industry, recently hired Atul Shinde as customer support manager. He will provide technical and project support to IndiSoft's RxOffice clients. Shinde has a dual background in the development of technological domains as well as client communications and problem resolution.

Wingspan Portfolio Advisors, a specialty and component mortgage servicer focusing on highly delinquent loans, recently started using the loss mitigation module from technology developer IndiSoft's RxOffice platform. IndiSoft says Wingspan will use the system to help borrowers avoid foreclosure through either repayment alternatives or short sales to maximize the value of severely delinquent loans for investors.

Wipeout, an electronic information security application from technology development firm IndiSoft, is now available to the financial services industry in the United States. The application, which is currently used in the health care industry in India, enables users to permanently remove sensitive data from the hard drives of PCs and laptops. IndiSoft says the technology is critical to ensuring data held by financial institutions is not compromised.

IndiSoft now supports electronic signatures with its RxOffice Document Management platform. The company says RxOffice increases the speed of default management processes by allowing users to execute documents without printing, signing, and scanning. The technology is compliant with federal and state handwritten digital signature regulations. The eSignature is bound as part of the document itself.

IndiSoft announced Wednesday that Residential Credit Solutions (RCS) has deployed the company's RxOffice Loss Mitigation module. RCS is an integrated investment and servicing company focused on credit-sensitive residential mortgage loans. According to IndiSoft, the module streamlines RCS's processes while improving operating efficiencies for supporting loans in default.