BACKUP SERVICING

ENSURE SERVICING CONTINUITY FOR YOUR MEMBERS


In the servicing industry, it is good practice to have a contingency plan for unexpected servicing interruptions. In addition, whether the loans are serviced in-house or by a third party, some servicing contracts require backup servicing. For these reasons, LoanCare offers custom backup servicing solutions for our credit union partners.

LoanCare is highly capable and experienced in accepting a transfer of a servicing portfolio when obligated to do so pursuant to the terms of a backup servicing agreement. When a transfer event occurs, LoanCare has a proven track record of effectuating a smooth transition with little or no disruption of the member experience or portfolio performance.

ADDITIONAL SUBSERVICING SOLUTIONS


FULL SUBSERVICING
INTERIM SUBSERVICING