IMS Marks 2008 with Company Growth

The Houston-based Integrated Mortgage Solutions, a collateral protection resource for mortgage servicers, reported a three-fold increase in revenue in 2008 as well as product expansions and several industry awards. In 2008, IMS launched Asset Disposition and Management Services, a division to handle the company's suite of loss mitigation services, as well as its borrower outreach call center and short sale service. In addition, IMS expanded its services to include Notary Service, an e-service product that enables the signing and notarization of loan documents online. IMS' Notary Service eliminates barriers to and increases the success rate of loss mitigation packages, the company said. Cheryl Lang, president of IMS, said the company used 2008 to focus on taking steps to advance the company through professional affiliations. It became a member of USFN - America's Mortgage Banking Attorneys. IMS also received SAS 70 Type II certification from Washington, D.C.-based DuPont & Morgan LLP for control objectives and activities throughout the organization. "Through our product expansions and professional affiliations, IMS took strides in 2008 to ensure that our clients were receiving the most thorough and effective services possible," Ms. Lang said.