– ISGN Technologies Ltd., a leading global technology and services company providing end-to-end solutions to the U.S. mortgage industry, has re-branded the knowledge-process outsourcing (KPO) services offered by its subsidiary MortgageHub, the industry’s leading provider of mortgage solutions and web-based systems for the servicing wholesale, retail, and construction channels. This move is in line with ISGN’s plan to establish itself as the preeminent brand for end-to-end solutions for companies in the mortgage industry. Recently, ISGN has aggressively acquired leading mortgage software companies that include MortgageHub and Dynatek. MortgageHub joined the ISGN family in August 2006, and itself acquired Fair Isaac’s mortgage offerings, including Diamond loan origination software, BridgeLink mortgage networking solution, and technologies and services for loan servicing, default management and construction lending. Dynatek, a leader in mid-tier mortgage automation solutions, was acquired in May 2007. Together, these solutions comprise ISGN’s end-to-end suite of software and related services for lenders of all sizes. ISGN and its team of industry veterans have now launched process optimization and outsourcing services built on the proven software platforms of these acquired companies. With service offerings that include the most comprehensive outsourcing, consulting and technology solutions, ISGN enables lenders to achieve time and cost savings of up to 75 percent with its no-overhead, variable, on-demand pricing models.
ISGN’s initial knowledge process outsourcing initiatives include:
• Strategic Default Solutions, a division that in association with the USFN, formerly the U.S. Foreclosure Network, has announced the Home Retention Alliance (HRA);
• Construction Lending Services, a single-source provider of end-to-end solutions for construction lenders; and
• Advisory Services, which offers complete, turnkey outsourced solutions for the entire mortgage lending process.
ISGN plans to launch additional, branded KPO services in the future. “ISGN entered the U.S. mortgage market at a time when the industry was contracting, and developed solutions that would impact lenders and borrowers most effectively,†says Krishna Srinivasan, vice chairman and chief executive officer, of ISGN.
