LOANCARE'S FULL SERVICE BANK SUBSERVICING SOLUTION
LoanCare’s full service subservicing solutions allow banks to expand their mortgage servicing portfolios without investing in additional infrastructure. The process and compliance risk management efficiencies gained with a full subservicing solution can help banks lower operating costs and refocus resources on their core business.
For banks, LoanCare's full subservicing offering includes performance of the following functions in compliance with government regulations and investor requirements:
- Loan boarding
- Cashiering and payment processing
- Escrow administration
- Investor reporting
- Default management