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DS News July 2022

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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55 Aspen Grove Solutions aspengrovesolutions.com Aspen helps mortgage servicers who want to minimize risks and losses from servicing nonperforming loans while increasing revenue from performing loans by removing the errors, daily stress, and inefficiencies created from the use of multiple systems and increasing revenue, efficiency, oversight, and cost control—and ultimately, profit. Mortgage Servicing in Sync Aspen's technology platform organizes and standardizes every servicing task, so process breaks and daily errors become a thing of the past. Teams synchronize their activities effortlessly and data integrations are managed centrally. Managers enjoy greater efficiency, oversight, cost control, and profit for clients. What Is the Aspen Platform? An enterprise platform that complements and sits alongside servicing. It automates, tracks, and manages performing and nonperforming servicing processes while providing next-generation customer engagement. The Aspen Platform positively impacts the lives of homeowners while removing the stress and uncertainty for mortgage servicers. analysis and reporting and service-level management. • Auto-Scaling—Cloud-native, micro-services architecture means the platform scales with your business. • Running a Partnership Model—We are with you every step of the way. "I can't say enough about the partnership that we have with Aspen Grove. They're by our side every step of the way as we grow. The team in Aspen Grove are super flexible and great partners to work with." Aspen Grove has deep DNA in servicing technology. Working with our clients over many years has taught us what's required from a technology platform to eliminate process breaks in servicing and save our clients time and money, as well as significantly reducing risk in servicing operations. We want to share our experience and learning with you and help you implement the next generation of servicing technology in your organization. For servicers, it delivers results in four core areas: 1. Better servicing outcomes for all stakeholders 2. Savings—fewer advances, curtailments and compensatory fees, and faster timelines 3. Significant productivity improvements across all teams 4. Improved risk and compliance profile What Problem Does It Solve? Mortgage servicing is complicated, expensive, and risky. Many mortgage servicers rely on a legacy patchwork quilt of systems with disconnected processes, data, and staff. Aspen revolutionizes mortgage servicing by synchronizing servicing tasks, improving outcomes, and driving productivity gains. Aspen automates processes, freeing up resources to focus on management by exception. Aspen provides a single source of truth—one normalized dataset that is accurate and always updated. That data is presented in one dashboard that talks to any systems used in servicing. Teams know what they need to do and when they need to do it. And with proven savings of up to 75%, Aspen provides real ROI. The Aspen Platform is driven by a powerful configuration engine that makes every mortgage process configurable. This means servicers have the option to use Aspen's processes out of the box or configure them to meet any unique requirements. How Does Aspen Make Life Easier for Servicers? We reduce stress and chaos, we make servicing operations flow across departments, and we provide insights into your operations activities. We do this by: • Eliminating Process Breaks—With a view of all processes across the asset, every team knows what to do and when to do it. • Implementing Automation—Automate every rule and flow that facilitates automation and serve up exceptions for operations team to action. • Normalizing Data—Use one data model across all your providers and across servicing, enabling easy portfolio Get to Know the Industry's Top Organizations SPONSORED CONTENT

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