Infosys BPO Ltd., the business process outsourcing subsidiary of Infosys Technologies, has formed an alliance with technology provider MortgageFlex Systems Inc. The alliance focuses on supporting loan modification initiatives as defined under the Home Affordable Modification Program (HAMP) or alternative programs.
‘A partnership with MortgageFlex allows us to provide a unique offering to the U.S. market,’ says Ritesh Idnani, head of worldwide sales and marketing for Infosys BPO. "The combination of process capabilities and technology will allow lenders to compete effectively given emerging market dynamics."
The Infosys-MortgageFlex collaboration offers a combination of loan modification services, focusing on document reviews, payment plan creation, underwriting modifications and closing services, while using technology solutions in a hosted environment. MortgageFlex's chief information officer, William Black, notes that the company has made "significant investments" in its SAS 70 II-certified data center.
SOURCE: Infosys BPO Ltd.