Providing superior servicing platforms for cost optimization

With the changing economic scenario, mortgage players are continuously facing challenges in terms of:

  • Defaulting loan portfolios
  • Loss mitigation options
  • Near rock bottom housing prices
  • Changing technology
  • Revenue Growth
  • Bringing down Costs

Organizations have to consider a range of options in their plans, such as reconsidering margins and optimizing operations through outsourcing.

Our Solutions

We at Mphasis understand market challenges and are experienced in providing industry specific solutions that help you achieve business objectives. Our solutions comply with latest industry regulations and serve to bridge the gap between business and risk management/compliance needs. We provide solutions to:

  • Comply with Real Estate Settlement Procedures Act (RESPA)
  • Track the costs that may incur from RESPA
  • Address the rapid changes in regulations and challenges
  • Reduce manual interventions by developing automates systems
  • Overcome process limitations
  • Establish non-value added (NVA) process platforms, which are bundled with core offerings and end-to-end mortgage processing capabilities
  • Identify and manage future requirements
  • Improve end customer satisfaction

The Mphasis Advantage

We leverage our expertise to provide superior servicing platforms and high quality delivery processes for lenders and banks. Our solutions enable you to:

  • Reduce the total cost of ownership (TCO)
  • Move most of your fixed costs into volume dependent variable costs by mitigating volume fluctuations and compliance risk provisions
  • Improve data reliability through analytics to support originations, credit risk management, portfolio performance and collections
  • Provide prompt customer services; cross sell/up sell opportunities through data mining; and customer self-service mechanisms
  • Increase efficiency and adaptability to changing needs through automation of non-industry standard processes