DS News

DS News Jan 2023

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

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Page 34 of 83

33 Follow Us At: @DSNewsDaily Industry Updates SUPERIOR LOAN SERVICING PARTNERS WITH MATIC Superior Loan Servicing, a provider of loan servicing solutions for the private lending industry, has announced a partnership with Matic Insurance Services. Under the partnership, Matic's insurance marketplace of over 40 A-rated carriers will be integrated into Superior Loan Servicing's offerings. rough the partnership, Matic will deploy various insurance products, from home, auto, and pet insurance, across Superior Loan Servicing's servicing portfolio, offering competitive rates and personalized coverage to their clients. "We are excited to collaborate with Matic to provide innovative and customized solutions to our clients that will help them potentially save money, manage risk, and simplify the process of getting insurance," said Scott Hacker, COO of Superior Loan Servicing. "By leveraging Matic's proprietary matching technology and ability to insure in all 50 states, we hope to provide lasting value and accessibility to our customers and their borrowers that directly impact their bottom line." Superior Loan Servicing currently works with more than 3,000 private lenders, brokers, hedge funds, and institutions, and manages more than $3 billion in private loans, by integrating operational excellence and innovative technological solutions that simplify the loan servicing process. Established in 2014, Matic has more than 40 A-rated home and auto carriers, as well as distribution partners in industries ranging from mortgage origination and servicing to banking, real estate, personal finance, and more. "As servicing organizations look to provide additional value to their borrowers, we're seeing more companies offer complementary solutions for the entire homeownership journey—and Matic was built to integrate with the loan servicing lifecycle," said Ben Madick, CEO and Co-Founder of Matic. "We're thrilled that Superior Loan Servicing chose Matic to provide digital-first insurance solutions that help borrowers find lower rates or better coverage from our nationwide network of carriers."

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