BackInTheBlack®: Revolutionizing the default servicing technology paradigm
Every default servicing application provider makes promises about how their
technology is unique, innovative, ahead of the pack. Those are weighty claims,
and also very tough to actually deliver.
The acid test, however, is whether the technology delivers business process
improvements necessary to achieve cost and credit loss savings.
If a proposed technology solution doesn't challenge assumptions you've made about
workflow, decision-making and credit risk management, then you can be sure
you're being sold a bill of goods.
In fact, prior to implementing BackInTheBlack®, MSTD consultants will conduct an
"As-Is Assessment" of your default servicing process and technology.
They will then return with the "To Be" plan that will quantify the process
improvements resulting from implementation of the BackInTheBlack® Servicing
platform.
With BackInTheBlack®, default-servicing technology creates a new paradigm -
a solution that transforms default servicing from the "back end" of the mortgage
servicing business into a profit center to boost your P&L statement.
Just watch BackInTheBlack® work. Immediately,
you'll recognize how BackInTheBlack® transforms the current fragmented, slow
"service bureau" approach to default servicing into a unified, "problem loan
underwriting" solution. With BackInTheBlack®, smarter decisions are made sooner
using easy-to-access data, enabling faster recovery timelines and lower-risk
loan workouts.
To get more details about the BackInTheBlack® story, visit our Frequently Asked
Questions (FAQ) page

BackInTheBlack was recently acquired by LandAmerica financial Group, Inc.
For more information, open our press release.
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