eOriginal Net Based Loan Modification Program Leverages Electronic Documents and Signatures to Expand Loan Servicing Workload Capacities

Baltimore, MD (PRWEB) September 29, 2008

In response to the elevated pressure on lenders’ servicing infrastructures due to the unprecedented spike in processing loan modifications, eOriginal announced these days the release of a considerable new product enhancement to relieve the stress on harried lenders and third-party loan servicing businesses. As a lot more mortgages and other customer loans grow to be distressed, buyer service and collection departments are scrambling to cope with thousands of new requests each and every month to modify the terms of delinquent loans as an option to default, foreclosure or repossession. The eOriginal service supplying may possibly be employed for mortgages, equity loans, car loans, leases and other finance documents that want to be signed and can be operational in a matter of weeks.

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The service is available now via the eOriginal