Hyland Software Partners With Ocwen Financial

Posted by Orb Staff on November 11, 2008 No Comments
Categories : Commercial Mortgage

Hyland Software Inc., developer of the OnBase enterprise content management (ECM) software suite, has formed a partnership with Ocwen Financial Solutions, a business process outsourcing provider to the financial services industry.

Under the terms of the agreement, Ocwen Financial will recommend Hyland's OnBase system to its broker customers as a complementary product to its REALSynergy loan servicing platform. By integrating document management into servicing, lenders are able to cut costs, reduce paper usage and file-storage needs, and condense the post-close review process into a matter of minutes, the companies note.

REALSynergy offers its users a an automated, full-feature platform for servicing commercial and multifamily loans. Users can work with any loan structure to monitor multiple investors, borrowers and properties for each loan.

Source: Hyland Software

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