Loss Mitigation

Latest Posts

ISGN Software Allows Services to Pay Per Loan 

Jul 20, 2009By

Bensalem, Pa.-based software developer ISGN is beta testing a new Web-based loss mitigation technology that only charges servicers when they close a loan. The yet-to-be-named “pay-per-loan” software is in beta testing and will go live in September. It will allow servicers to evaluate pools of loans, create customized evaluations based on user-generated objectives along with other steps in the modification process, but will only charge servicers when they complete a loan. The software will be compatible with the Home Affordable Modification Program.

What's New?
Updated 2 months ago
manage feed