Gateway Mortgage Partners with Fiserv to Meet Technology Needs

Gateway Mortgage Partners with Fiserv to Meet Technology Needs

07/22/2013 BY: TORY BARRINGER

Gateway Mortgage has selected Fiserv’s LoanServ platform to handle its mortgage servicing technology needs, Wisconsin-based Fiserv announced.

“We are delighted to partner with Gateway as it gears up to take advantage of the increase in activity in the secondary market,” said Kevin Collins, president of lending solutions at Fiserv. “Its selection of LoanServ demonstrates the diverse capabilities of the lending solutions Fiserv has to offer, including the flexibility required by an entrepreneurial company such as Gateway Mortgage Group.”

Using LoanServ, Gateway will be able to perform the full range of mortgage servicing functions, including escrow, payment processing, investor reporting, and default management. Executives at Gateway anticipate Fiserv will help them increase productivity, improve operational efficiency, react more effectively to changes in modification programs, and streamline the default process.

“We have more than tripled our total mortgage origination volume over the last four years, but origination is just the first step in the home loan process,” said Gateway CEO Kevin Stitt. “We currently service more than $3 billion in residential mortgages. LoanServ from Fiserv gives us the capability to significantly increase our servicing capacity and help us better serve our customers through the life of their loan.”

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