GCC Servicing Systems Streamlines Property Inspection Ordering
Southfield-based GCC Servicing Systems, a provider of mortgage servicing technology, announced that it has completed an integration with Warren-based Five Brothers Mortgage Company Services and Security Inc., a provider of default management and mortgage technology.
The integration enables lenders to easily manage property inspections without leaving the G/Serv loan servicing platform.
Previously, lenders had to navigate away from G/Serv and manually enter inspections on the Five Brothers Web site. Through the integration, the need for property inspections can be determined and the inspections ordered or even cancelled in real-time from the G/Serv platform.
"With GCC customers already using Five Brothers for the ordering of property inspections, the integration was a natural move," said Five Brothers president Joe Bada. "Servicers now have one-click access to this service, making the process simpler and more accurate."
To further automate inspections, G/Serv can run reports that pull all loans needing an inspection and submit the results to Five Brothers for ordering, without any user input. Inspection results, including photos, can also be accessed directly through G/Serv, alleviating the need to visit multiple websites and compile data from disparate sources. In addition, GCC customers can order Five Brothers' property preservation services through the servicing platform.
"In today's lending atmosphere, it is vital for servicers to be able to automate as much as possible," said Glenn Liebowitz, president of GCC. "GCC strives to make servicing more profitable for each of our clients through enhanced automation. Property inspections are an important tool, but it can prove time-consuming to order and track results, leaving less time for borrower outreach and growth efforts. By integrating with industry leaders such as Five Brothers, we simplify the servicing process and put all of the resources they need in one place."
GCC's G/Serv is a comprehensive platform that automates all functions of loan servicing, including loan set-up, cash management, escrow and insurance administration, investor reporting and accounting, default management and federal and state reporting.
GCC Servicing Systems was founded in 1977 as a mortgage service bureau and was known as Glenn Computer Corp. until 2003. Today, GCC Servicing Systems customers include mortgage servicing departments of banks, credit unions and mortgage companies with 500 to one million loans. Based in Southfield, the company's mortgage servicing solutions, superior customer support and cutting-edge technology, G/Serv, are available around the clock. More at www.gccservicing.com.
Founded in 1967, Five Brothers partners with commercial and residential mortgage servicers nationwide to provide regulatory-compliant default management and mortgage technology through a nationwide network of experienced customer and field service representatives and the FiveOnline workflow management portal. More at www.fivebrms.com.
