The Mortgage Collaborative has added mortgage technology firm Blue Sage Solutions to its roster, allowing the consortium to deliver the Blue Sage Digital Servicing Platform (DSP) to its members at preferred rates.
Blue Sage’s DSP is a cloud-based system that provides all necessary functions to perform interim servicing. It uses open API technology that seamlessly merges loan origination and servicing functions and is compliant at the federal, state and agency levels.
Utilizing the same technology and architecture as all Blue Sage offerings, the platform offers a modern, user-friendly interface that is accessible via any browser, enabling an optimized borrower and lender experience.
“We admire Blue Sage’s digital mortgage leadership and are delighted to partner with them,” says David Kittle, CEO of The Mortgage Collaborative, in a release. “At a time when mortgage organizations are striving to lower costs, Blue Sage’s LOS-agnostic, cloud-built servicing platform streamlines loan onboarding while bridging the divide between origination and servicing functions. I’m thrilled to welcome them to The Mortgage Collaborative.”
All lenders, regardless of their current loan origination software (LOS), can use the Digital Servicing Platform to effortlessly automate the onboarding of loans, process individual and batch payments, collect payments and seamlessly offboard loans via servicing transfers, enabling lender-servicers to reduce costs and improve borrower retention rates. In addition, a full servicing version of the platform is expected soon.
“Being huge fans of The Mortgage Collaborative, we couldn’t be happier to be chosen as an interim servicing preferred partner,” adds Carmine Cacciavillani, founder and chairman of Blue Sage Solutions. “Our partnership validates our ongoing commitment to transforming the entire mortgage lifecycle for all mortgage stakeholders, including lenders, servicers, and especially borrowers. We look forward to enabling members of The Mortgage Collaborative who are looking to improve servicing efficiency and enhance the experience of every borrower they serve.”