Top Loan Servicing Software

LSSI’s New Servicer3D™ Recognized as Top Loan Servicing Software

 

Side By Side Comparison Places Servicer3D in Top Tier

 

POWAY, CA, July 8, 2008 – Lender Support Systems Inc. (LSSI), a global provider of

eMortgage enabled lending and loan servicing software, was ranked among the three top vendors for loan servicing software by the NeighborWorks® America in their recently released Loan Origination Systems and Loan Servicing Systems Comparison Study.  According to the study they surveyed 52 loan servicing systems.  The report stated that “The three top systems represent products that we feel offer the best balance of features, price and ease of use.”

 

            “We invested a substantial amount of resources over the past four years to develop a ‘best of breed’ servicing system, stated Cary Burch, CEO of LSSI.   “That investment has paid off for both LSSI and our customers,” Burch continued.    As of June, LSSI reported that more than half of its customers had already switched to Servicer3D™ from the company’s legacy LOANbase Servicer 4.0™.  Servicer3D™ was initially released in June of 2007.  In March of 2008, LSSI notified all of its customers that it would be sun-setting the legacy application on March 31^st, 2009. 

 

As customers upgrade to Servicer3D™, they are finding why the system is ranked in the top tier: ease of use, a deep feature set, and one single system at a competitive price.  “We are extremely pleased with the new system,” explained Jacki White of NeighborWorks® of Vermont.  “It easily integrates with our other systems, it already contains a large number of built in reports, it handles just about every loan program out there, we can do loan work outs on the fly, and we get all that  in the base system, no need to add, and pay for, additional modules.  We love it!”

Loan Servicing Software

About Lender Support Systems, Inc.

Founded in 1982, Poway, Calif.-based Lender Support Systems, Inc. (LSSI), led by CEO mortgage industry veteran Cary Burch provides a suite of eMortgage technology solutions to mortgage lenders (including but not limited to bankers, credit unions, community banks) and service providers as a platform for building more streamlined, cost effective and profitable loan origination services. The company’s technology solutions include: compliance services, mortgage closing document preparation software, and loan servicing software. For more information, visit www.lendersupport.com.

About Cary Burch

Cary Burch has 20+ years of Leadership, Business and Information Technology experience in the mortgage and financial services industries.  He has an MBA from Pepperdine University and has completed executive studies at Harvard Business School and Oxford University, UK.  Cary was acknowledged as one of the TOP 20 IT Executives in the financial services industry for 2002/03 by the Financial Services Executive Forum. Mr. Burch is presently CEO of Lender Support Systems, Inc. (LSSI) a mortgage technology and eMortgage enabled company that provides compliance, document preparation and loan servicing software.  Prior to leading LSSI, Mr. Burch was EVP/GM of Technology Solutions for (FNIS) Fidelity National Information Solutions a wholly owned subsidiary of Fidelity National Financial, was an executive of The First American Corporation and was CIO of Advanta Mortgage from 1993 – 1998. From 1989 – 1993 Mr. Burch was Vice President of Strategic Technologies for First Franklin. Mr. Burch is an industry advocate and professional presenter on the advancement of Technology within the mortgage lending industry.  He has held various public and private board advisory and board director positions throughout the industry. He is viewed as a strong technology business executive with strong business development and executive relationship management expertise.