RoundPoint Mortgage Servicing Corp. says it has integrated Fannie Mae's Servicing Management Default Underwriter (SMDU) technology suite to support the company's loss mitigation work.
SMDU is designed to help servicers pinpoint consistent, real-time decisions on mortgage loan modifications and enable workout decisions based on Fannie Mae guidelines. The tool integrates with existing loss mitigation systems, and it enables a reduced cycle time for the borrower evaluation process.
Charlotte, N.C-based RoundPoint specializes in servicing credit-sensitive residential mortgage loans. Its servicing portfolio totals approximately $8.5 billion.