The alliance focuses on support of US loan servicing, loan modification initiatives as defined under the Home Affordable Modification Program (HAMP) or alternative loan modification programs, a release said.
Founded in 1980, MortgageFlex Systems is a leading origination and servicing technology solutions supplier for the US mortgage industry.
The Infosys-MortgageFlex collaboration offers a combination of loan modification services, focusing on document reviews, payment plan creation, underwriting modifications and closing services while utilizing innovative technology solutions in a hosted environment.
The right mix of service offerings, experience and technology, gives US lenders and servicers an opportunity to eliminate ramp-up fixed costs and staff for relatively short durations.
(Published 25 August 2009, 15:24 IST)