GCC Servicing Systems, Southfield, Mich., is currently developing GServ, which will be a Web-based solution that will allow bank tellers and loan officers access to a customer's mortgage loan information.The new servicing product will make it possible for banks to use the core processing system of their choice and at the same time giving tellers and loan officers access to customer mortgage information via an Intranet setup to the bank's servicing information on the GCC platform. GServ has an anticipated release date of October of 2004. GCC is a mortgage service bureau, mortgage servicing technology and service provider that can found on the Web at http://www.gccservicing.com.
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In 8-minute presentations, tech providers showed how they're utilizing artificial intelligence to automate entire workflows, supercharge capacity and emphasize compliance.
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The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
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New September funding includes a Series A round for agentic platform Kastle and an investment into Celligence's AngelAI, both with natural-language features.
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Borrowers hold a total of $17.9 trillion in home equity in the United States, equal to $310,000 per homeowner, according to Cotality.
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ICE dropped its post-Dec. 31 SDK access fee as migration lags. Audit plugins, get written confirmation from ICE, budget for dual-running and weigh API-native rivals.
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The latest runup alarmed lenders but offered some new servicing opportunities unique to this market that can benefit both sides of the business.
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