Isgn Designated as “top 50 Service Provider” for Third Consecutive Year
ISGN, a leading provider of end-to-end technology solutions and services to the U.S. mortgage industry, had been designated by Mortgage Technology magazine as one of the “Top 50 Service Providers” for the mortgage industry. This year’s designation marks ISGN’s third consecutive year to be selected for the prestigious list.
Each year, Mortgage Technology magazine names its Top 50 Service Providers based on four major criteria: customer satisfaction, functionality, market share and viable revenue model. The evaluation process is most heavily weighted on functionality – it’s crucial that each provider demonstrate functional value to lenders. All providers who make the list must have satisfied users as well as a demonstrated the ability to retain their customers by keeping their products and services on the leading edge of the market.
ISGN released several new products and services in the past year, including: LenStar’s Invoice Processing System that automates invoice management; LenStar Plus, a complete workflow solution that streamlines the entire default process, from initial delinquency to loss mitigation, loan resolution and even real estate owned (REO) disposition; and RESET, the industry’s first equity sharing loan modification service. Founded in 2005, the company is now the second largest end-to-end residential mortgage solution provider, with more than 1,100 customers, including some of the largest banks in the world.
“Our success in the market is due in large part to our focus on innovation,” said Niraj Patel, group president of ISGN. “The mortgage industry is in a constant state of fluctuation. ISGN strives to provide solutions that empower users with adaptability and capability. It’s not enough to simply navigate the path of changing conditions – our goal is to have our clients excel and succeed in any market condition. We’re very honored to have be selected to this distinguished list for the third consecutive year.”
About ISGN
ISGN Corporation is one of the largest providers of services and technology for the mortgage industry. An industry leader with more than 1,100 customers, including large global banks and many of the top ten lenders in the country, ISGN’s product line includes a complete range of origination and settlement services—origination, servicing and default platforms, broker price opinions, closing and settlement services, title, valuation and flood—as well as core servicing components and loss mitigation services. ISGN is funded by NEA Partners and the KK Birla Group. Based in Bensalem, Pennsylvania, ISGN employs over 1,500 people across its fifteen domestic centers and two international facilities. For more information, visit www.ISGN.com.
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