Aspen Grove Partners with CMG Financial to Launch New Servicing Platform 

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.”

To read the full release for more information, click here.

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Demetria C. Lester

Demetria C. Lester is a reporter for MortgagePoint (formerly DS News and MReport) with more than eight years of writing and editing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A former editor-in-chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington, she has covered events such as the Byron Nelson and Pac-12 Conferences, progressing into her freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Lester is a jazz aficionado, Harry Potter fanatic, and avid record collector. She can be reached at demetria.lester@thefivestar.com.
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