Supported by ITB Berlin - the worlds leading Travel-Trade show, BITBs
launch edition in the capital witnessed participation from over 300 exhibitors from Indian and overseas including all major industry players across aviation, hospitality, travel and tourism sectors.
By partnering with BITB, we are able to offer a seamless, browser-based default technology to meet customers' unique requirements," said Paylor.
The combination of BITB's platform with the long-range capabilities and financial stability of Stewart will allow BITB to continue to offer best-in-class mortgage and consumer technologies while offering a comprehensive Web-based default-management solution to the servicing industry, said Hans Rusli, BITB's chief executive officer.
Deployed as a seamless private-label application for residential mortgage servicers licensing BackInTheBlack, the BITB Borrower Portal offers borrowers who are behind on their payments an easy-to-use, online opportunity to conduct a self-engaged loss-mitigation session.
Unlike a static form disconnected from the mortgage servicer's collection system, the BITB Borrower Portal incorporates investor and insurer rules, so the borrower's data packet results in either a complicated workout or a highly prequalified candidate ready to close.