As the lending landscape continues to evolve in these changing times, risk mitigation is no longer an option — it’s a necessity.
By integrating and automating consumer loans and mortgage loans onto LPS’ consolidated servicing platform
, LPS is able to provide servicers heightened levels of portfolio transparency, risk mitigation, customer satisfaction and, ultimately, profitability.
By utilizing the same robust servicing technology across all lending products, LPS’ servicing solution effectively meets the servicing and risk management needs of consumer lenders and traditional mortgage servicers alike.
As a result, servicers get a more complete view of a borrower’s financial profile, risk segmentation and profitability. This collective and comprehensive look at borrowers enables servicers to monitor individual borrower behaviors as well as their total risk exposure. This is invaluable information for developing the “big picture” view needed to evaluate – and mitigate – risk.