Interim Subservicing

Overview

Many of the operational and compliance risks associated with loan servicing exist not only in servicing retained programs but for the short time in a servicing release program as well.  LoanCare’s interim subservicing program can remove many of the obstacles lenders face as they grow their origination business:

• Make borrowers aware where to send payments during the interim period.
• Handle inquiries from borrower both written and telephonic.
• Process payments received from borrowers timely and accurately.
• Preparing notification letters required by law and regulation.
• Manage all other borrower touch points.