DALLAS--(BUSINESS WIRE)--ISGN CorporationTM (“ISGN”), a leading provider of end-to-end technology solutions and services to the U.S. mortgage industry, announced today that long time strategic partner Fiserv, Inc., a leading global provider of financial services technology solutions, has fully integrated ISGN’s TempoTM default servicing platform within its LoanServTM loan servicing platform. Tempo is now the preferred default platform for mortgages supported on LoanServ from Fiserv.
ISGN’s Tempo is an end-to-end, Software-as-a-Service (SaaS)-based default management platform and system of record that helps servicers, attorneys and vendors manage and track the default lifecycle from the collection/early intervention stage all the way through to liquidation, including bankruptcy and foreclosure attorney processes. The integration of Tempo will enhance the LoanServ platform’s loss mitigation capabilities to meet the needs of today’s servicers, as well as position servicers for the emerging market.
“Our goal was to expand the capabilities of LoanServ to specifically help clients manage portfolios of defaulted real estate loans, and Tempo is the most sophisticated default servicing platform available in the marketplace today,” said Joe Dombrowski, director of Product Management, Lending Solutions at Fiserv. “With this integration, Fiserv clients can continue to improve efficiencies and mitigate compliance risks surrounding the complex default management process, enabling them to stay focused on their institutions’ future growth.”
Anne Politis, EVP at ISGN, stated, “This partnership reflects our insight into the needs of mortgage servicers and our expertise in delivering solutions to meet those requirements. ISGN and Fiserv have enjoyed a close, strategic alliance for several years, so this is a natural extension of that relationship.”
“ISGN’s expanded partnership with Fiserv enables customers who use both Tempo and LoanServ to achieve unprecedented levels of efficiency and compliance while managing their defaulted loan portfolio,” said Erik Anderson, president of Sales for ISGN. “We frequently hear from servicers who are hungry for a new technology solution that is scalable, predicable, cost-effective and easy to use. We believe this is a big step in that direction.”
ISGN is a leading end-to-end provider of mortgage technology and services, impacting over 5.5 million of all U.S. mortgage loans. Our domain and technology experts have spent more than 25 years creating award-winning technologies and solutions to help financial institutions improve precision, reduce risk, manage volatility and effectively transform their business. With flexible staffing and delivery models, ISGN is uniquely positioned as one of the few comprehensive end-to-end mortgage service providers to both the origination and servicing sectors. ISGN also offers valuation, title and closing services. The company works with a majority of the top ten national lenders, as well as with regional lenders, nonbanks, credit unions and community banks. For more information, visit www.ISGN.com.
Fiserv, Inc. (NASDAQ: FISV) is a leader in financial services technology and one of FORTUNE® magazine's World's Most Admired Companies. Fiserv enables clients to achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.