ATLANTA--(BUSINESS WIRE)--During the annual Mortgage Banking Association’s 97th Annual Conference and Expo, Mortgage Technology magazine awarded IndiSoft, a technology development firm that focuses on systems for the default services industry, the 10x award. The award is presented every year to the company, product or application that has exponentially impacted the mortgage industry.
Technology is the driving force behind the mortgage industry’s efforts to manage the increase in default and loss mitigation processes while trying to improve the execution of alternative workout options for distressed homeowners. IndiSoft’s RxOffice® platform is used by servicers, mortgage insurers, loss mitigation outsourcers, law firms and other service providers and stakeholders in the mortgage industry to offer integrated workflow efficiencies and improved document management.
“This award truly validates RxOffice as the technology that brings much needed efficiencies to the mortgage industry and dramatically simplifies the default services process,” said Sanjeev Dahiwadkar, CEO of IndiSoft. “We are very extremely honored by this recognition.”
IndiSoft offers two platforms, RxOffice Legal and RxOffice Projects. RxOffice Legal is a complete solution for default servicing, which helps counselors, servicers, mortgage insurance companies and law firms manage their processes. RxOffice Projects offers provides IndiSoft clients visibility into the status of their projects with the technology developer.
About IndiSoft LLC
Columbia, Md.-based IndiSoft LLC develops, licenses and supports a wide range of SaaS solutions for the financial services industry, including RxOffice Legal, RxOffice Mortgage Insurer and RxOffice Reporting Portal. IndiSoft continues to lead the innovation in transforming how the default servicing industry communicates and exchanges information. The company is offering its RxOffice® platform (patent pending) to mortgage insurers, investors, servicers, counselors and homeowners with secured communications technology and the infrastructure to enable transparent and real-time communication to speed up the decision and execution of the same. IndiSoft was named one of the Top 50 Service Providers by Mortgage Technology magazine, was ranked 259th in the 2010 Inc. 500 listing of fastest growing private companies in the U.S., and was 15th in the financial services industry in the same ranking. For more information about IndiSoft visit its Web site at www.indisoft.us.