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Awards

2020 HW Tech100 Mortgage winner: LoanCare

Early adaptor of self-service technology

LoanCare differentiates itself in the subservicing market by focusing on the consumer and client experience and being an early adaptor of self-service technology. LoanCare develops solutions that expedite the servicing processes and provide greater transparency to the client and consumer. The company is pioneering self-service technology that allows clients to proactively, self-manage their portfolios.

  • LoanCare currently ranks third in its category, servicing more than 1.7 million loans with a UPB of $335 billion
  • In 2019, 80% of borrowers were currently registered to use the company’s customer-facing digital technology
  • Over the past year, the number of loans serviced by the company has grown 50% year-over-year

https://www.loancareservicing.com/

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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]