RALEIGH, N.C. – GE Mortgage Insurance has launched the industry's first online workout approval system – e-LMO Fast TrackT. The new system is accessible through the www.gemortgageinsurance.com Web site and is part of GE's/MI Servicer platform which is designed to Web-enable mortgage insurance loan servicing processes and increase lender productivity. Users log on to the GE Mortgage Insurance Web site with their identification, click on the "workouts" icon, enter the GE certificate number, select the workout type and enter the requested information line. In most cases, says GE Mortgage Insurance, there is no need to send paperwork. Richard Nastasi, senior vice president and e-business leader for GE Mortgage Insurance said e-LMO Fast TrackT virtually eliminates document transmission time to give lenders immediate, automated approvals on specific workout solutions for non-performing hours.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
