CGI Group Inc., a provider of information technology and business process services, has launched Loan Modification Service, a business processing service to provide banks and loan servicers with the capacity to handle high volumes of loan modifications rapidly and consistently.
CGI says Loan Modification Service delivers the infrastructure and support resources necessary to service large volumes of loan modification requests, minimizing start-up time and capital investment using a benefits-funded approach.
The service, provided out of CGI's U.S. business process service centers, includes experienced mortgage and credit staff supported by CGI's Enterprise Credit suite of business applications and delivers loan analysis, customer interaction and ongoing loan modification monitoring. CGI's highly automated approach uses optimization techniques and advanced decision analytics capabilities to maximize portfolio value, and minimize losses and recidivism, the company adds.
SOURCE: CGI Group