TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/958155
6 | TH E M R EP O RT expansion are steps that the com- pany is taking towards realizing its vision for growth. Aspen has been providing tech- nology solutions to the mortgage default services industry since 1997. Its products include a prop- erty servicing platform focusing on solutions to manage everything related to the Property Asset, as well as Aspen's Property Servicing platform, which are unique to the industry. The company also provides servicers with tools to manage default operations while address - ing industry problems such as cost control and recovery, investor al- lowable management and gathering of claim data, elimination of bill- backs, vendor oversight, compli- ance and reputational risk, quality control, and community safety. "At Aspen, we believe we are transforming the mortgage industry to enhance outcomes for the investors/servicers and their borrowers, with solutions that simplify the operations of default property management and prop - erty servicing," said Sean Ryan, CEO at Aspen Grove Solutions. "Lift is aligned with our vision and is helping Aspen capitalize on opportunities with their industry expertise, experience, contacts, and business transformation capabilities." Lift Strategic Partners is a strategy-based advisory firm focused on fixed-income related business development, investment strategies, operational structure, and product development. They provide support and capital for high-growth technology and service companies in the housing and lending sectors to offer end- to-end solutions for their clients. "We're excited to accelerate Aspen's push for expansion," said Jeffrey Gravelle, Co-founder and Managing Partner of Lift Strategic Partners. USRES Integrates with LendingQB to Enhance Mortgage Industry Presence THIS WILL ALLOW USRES TO ENGAGE LENDINGQB'S CUSTOMERS IN A SINGLE, CENTRALIZED ENVIRONMENT. U S Real Estate Services, Inc. (USRES), a provider of REO asset manage- ment, default ancillary services, and valuation solutions na- tionwide, announced it is now integrated to LendingQB's cloud- based loan origination solution (LOS) to expand its reach fur- ther and enhance the customer experience for the appraisal management service line. These enhancements position USRES for continued growth, enabling the company to develop its presence and services within the mortgage industry. Keith Guenther, CEO of USRES, said, "LendingQB is a prominent player in the LOS space and therefore made our decision to partner with them an easy one. Their continued focus on integrating with the industry's most innovative and proven providers has resulted in a platform that is comprehensive, yet intuitive. These tools and ser - vices will be instrumental as we continue to expand our presence and maintain efficient, streamlined operations." With this integration, USRES can now efficiently engage Lending QB's customers in a single, centralized environment. In addition to originating mortgages, the platform seamlessly integrates with hundreds of leading industry applications, including document preparation, compliance, mortgage insurance and title services. This addition to USRES' set of tools and offerings further cements their commitment to providing the best, most transparent experi- ence in the AMC space. "USRES is a company that is committed to establishing lasting relationships with customers and business partners, and we share those same values," said Tim Nguyen, President of LendingQB. "Lenders want to access services from innovative vendors such as USRES in a way that improves the overall loan origination pro - cess. Using our API framework, we were able to provide USRES with an integration experience that enhances the way that lend - ers interact with their valuation services. We look forward to working with the USRES team and providing our mutual cus - tomers with a superior solution that helps us all be successful." LERETA Launches Tax Platform TTS WILL PROVIDE AUTOMATION FOR THE REAL ESTATE TAX INDUSTRY. L ERETA, a national real estate tax and flood service provider, recently announced it is providing the latest automation to the tax industry with the release of its Total Tax Solutions (TTS). LERETA is providing a new, web-based platform designed to integrate loan servicing and tax service data, for use by standard tax reporting servicers. The plat - form features dashboards, report- ing, workflow management and built-in servicer guidelines for tax payment processing activities. According to the announce - ment, TTS allows servicers to process a pre-cycle mini-audit efficiently, automate tax payments, open items, conduct tax research and review delinquencies and payments. The five modules on the platform are Pre-Cycle Audit Manager, Tax Cycle Manager, Escrow Open Item Manager, Delinquency Manager, and Task Research Manager. "Existing loan servicing systems have limited capabilities when it comes to managing the functions "During this exciting time in the mortgage industry, we have the opportunity to rebuild how we conduct business by implementing technology that fits the needs of companies with the desire to remain compliant." —Camillo Melchiorre, President, IndiSoft MTECH