In the April 2009 issue of Mortgage Technology, Anthony Garritano features Overture's Mozart for Special Servicing in his article "A Roadmap to Automating Modifications." With the current environment's unprecedented loan modification volume, Garritano writes that "servicers need to automate to keep up," and cites Overture and its partner SigniaDocs as companies that can facilitate this automation.

Garritano interviews Overture General Manager of Mortgage Finance Linda Simmons, who notes that "The jaw dropper behind a borrower portal is the ability to add e-documents. To do a borrower portal right you need to offer every possible tool there for the borrower to do everything they need to do. This begs for anything 'e' for the borrower to complete the transaction."

Simmons continues to state that "[a]ll of the decisioning and decision history is available and transparent through our engine. From there, going to e-docs is timely and it takes out a lot of possible error. It seems like it's a marriage made in heaven."

To read the full article and learn more about how Overture is helping to transform the special servicing industry, click here.