Bangalore, India-based business process outsourcing firm Infosys BPO entered into an alliance with Jacksonville, Fla.-based MortgageFlex Systems to provide support for Making Home Affordable Modification Program (HAMP) and other alternative mortgage modification programs, the two companies announced. Infosys BPO will provide data hosting to MortgageFlex for its document reviews, payment plan creation, underwriting modifications and closing services. “A hosted solution eliminates the high overhead of data center personnel and maintenance, while maintaining system compliance integrity,” William Black, MortgageFlex chief information officer, said in a statement. Write to Austin Kilgore.
Most Popular Articles
Latest Articles
Test
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 […]
-
Freddie Mac’s Donna Spencer on their Servicing Excellence initiative
-
Lower mortgage rates attracting more homebuyers
-
Rocket Pro TPO raises conforming loan limit to $802,650 ahead of FHFA’s decision
-
Show up, don’t show off: Laura O’Connor is redefining success in real estate
-
Between the lines: Understanding the nuances of the NAR settlement