Axtria White Paper

White Paper

WHITEPAPER

Borrower Centrism- Bring 'Service' Back Into Mortgage Servicing

ABSTRACT

Mortgage Servicers are entrusted with almost all vital operations, ranging from payment collection to loss mitigation attempts. However, until January 2014, no strict regulations were in place to safeguard the borrower’s interest. In the upheaval of the last few years, both competitive pressures and the regulatory environment have changed this forever. If the industry has to flourish in the wake of the crisis, then it must embrace borrower-centrism as a core value.

 

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