Gateway Mortgage Group, an originator and servicer of retail andwholesale mortgages, selected and successfully implemented GCCServicing Systems' loan servicing platform G/SERV for real estateand home equity loans.
Kevin Stitt, Gateway Mortgage Group president, said, "To maintainbetter control and track our product performance, we decided thebest long-term investment was to bring our mortgage servicing in-house from a sub-servicer."
Stitt said, "Our vice president, Roy Briggs, is a mortgageindustry veteran and he did an outstanding job of leading our teamwith evaluating the various servicing programs and vendors. Welooked at the bigger firms but decided GCC was a great fit withGateway based on their capabilities, service and reasonable pricepoint."
According to a release, the Company noted on July 1st, G/SERV --GCC's servicing platform -- automated all of Gateway's loanservicing functions including loan set-up, escrow and insuranceadministration, payment processing, credit bureau reporting, HUDdelinquency reporting, VA delinquency reporting, Fannie Mae investorreporting, Ginnie Mae pool reporting as well as the WHFIT (WidelyHeld Fixed Investment Trust) reporting required by Ginnie Mae. G/SERV also provides functionality for customer relationshipmanagement, delinquency management, bankruptcy management,foreclosure management, and loan modification management. Inaddition, Gateway chose to use the G/SERV Web Portal to give theircustomers internet access for on-line payments and account review.
GCC President, Glenn Liebowitz, said, "Gateway is a dynamicplayer in the mortgage industry and we're excited to have beenselected to be their provider for a loan servicing system."
The Oklahoma-based mortgage company was founded by Stitt and itbecame a HUD-approved (U.S. Department of Housing and UrbanDevelopment) lender. Gateway is licensed to sell FHA and VA,conventional Fannie Mae, conventional expanded levels, and Jumboloans in 25 states including California, Texas, Florida, Illinois,Michigan, Virginia, Arizona and Indiana.
GCC Servicing Systems is a mortgage servicing technology andservice provider that automates all aspects of loan servicing anddata management.
GCC Servicing Systems:
GCCServicing.com
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