FULL SUBSERVICING
LOANCARE'S FULL SERVICE CREDIT UNION SUBSERVICING SOLUTION
A full subservicing option through LoanCare can help credit unions lower costs and reduce operational and compliance risk while gaining access to state-of-the-art servicing technology.
As part of our credit union full subservicing offering, LoanCare performs the following functions in compliance with government regulations and investor requirements:
- Loan boarding
- Cashiering and payment processing
- Escrow administration
- Investor reporting
- Default management