3 Ways for Servicers to Tackle Default Servicing Challenges

With rising defaults, and the statutes under CARES Act, Servicers are having to deal with a lot of incoming forbearance volumes. At all times, they need to ensure regulatory compliance.  

Servicers need to show empathy to borrowers in this unique situation. How they support their borrowers now will determine the latter’s loyalty in the future. Outperforming in this difficult environment requires the support of the right people, technology and processes to not only streamline delivery but also ensure robust oversight and quality control.

Download our eBook to know three key initiatives that have helped servicers to tackle default servicing challenges

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