First American International Bank (FAIB), a commercial bank serving New York City's Chinese-American community, has implemented GCC Servicing Systems' loan servicing platform for consumer mortgages, real estate, home equity and commercial loans.
‘Since we specialize in Fannie Mae loans and GCC has excellent experience with those loans, GCC was a good match for our needs,’ says FAIB Vice President David Chin. ‘Their reporting capabilities and flexibility are also very important for our growing bank.’
The platform, G/SERV, was implemented Dec. 1. All FAIB loan functions, including loan setup, cash management and regulatory reporting, have been automated.
SOURCE: GCC Servicing Systems