Aspen Grove, a leading mortgage technology provider, has announced a seven-year contract with CMG Financial, a privately held mortgage banking institution headquartered in San Ramon, California, to implement its Servicing Business Process Management Platform.
“Aspen Grove puts all of servicing on-the-grid for the first time, in one place,” said Courtney Thompson, EVP of Servicing with CMG. “Our goal at CMG is to assemble the best of what technology offers for the most efficient, controlled, and data-centric servicing operation. Our partnership with Aspen Grove is a foundational component of this setup, demonstrating there is an alternative to the fragmented nightmare that servicing has become, and a better way for the MSR Owners, the operators, and above all, the consumer.”
Aspen Grove’s platform provides top-tier process management, automation, supervision, transparency, interoperability, and intelligence for mortgage operations. CMG will use this agreement to leverage a wide range of modules, ranging from Life of Loan customer engagement to default operations in Loss Mitigation, Foreclosure, Bankruptcy, Asset Management, and Claims.
“The consumer-first strategy in servicing deployed by CMG Financial resonates strongly with us” said Mike McAuliffe, CEO of Aspen Grove. “CMG’s vision leverages our platform to truly create a unified experience for every stakeholder, from the consumer to every 3rd party provider and technology, through digital engagement, powered by automation, integration, and intelligence. CMG are on an exciting journey, and we are delighted they have chosen our platform to deliver that vision.”
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