Loan Modification Service ™

A solution to quickly and effectively modify loans

The surging volumes of loans at risk of foreclosure and in need of review are overwhelming the capacity of many loan servicers. In addition, the Homeowner Affordability and Stability Plan presents servicers with new policies and procedures, resulting in operational, technical and process challenges. With over three decades of experience in consumer credit management and government regulatory compliance and financial accounting, CGI offers a Loan Modification Service that provides the capacity to handle high volumes of loan modifications rapidly and consistently while providing the transparency necessary to account for public funds applied to these troubled loans.

CGI's Loan Modification Service, provided out of CGI's existing U.S. business process service centers, includes experienced mortgage and credit staff supported by CGI's industry-leading Enterprise Credit suite of business applications and delivers every aspect of loan modification operations, including secure data transfer, loan analysis, customer interaction and on-going loan modification monitoring.  CGI's highly automated approach uses optimization techniques and advanced decision analytics capabilities to maximize portfolio value, and minimize losses and re-default rates.

The time has come to act.

"The state of the economy calls for action, bold and swift. And we will act."

President Barack Obama in his inauguration address, January 20, 2009

The time has come to put into place measures that help homeowners weather the crisis and assist financial institutions as they work to mitigate further losses. Working with CGI, organizations will increase loan servicing capacity, shorten time-to-market, expedite flow of funds, meet compliance with regulatory requirements and provide the necessary process transparency, all while maximizing the net present value of modified loans.

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