West Gate Bank implements LPS servicing platform
MSP offers single, comprehensive system
West Gate Bank has implemented Lender Processing Services’ (LPS) MSP, a mortgage and consumer loan servicing platform, LPS said Thursday.
Furthermore, MSP is a single, comprehensive system used by financial institutions to manage all servicing processes, including loan boarding, payment processing and escrow administration.
"LPS' servicing platform is a proven technology solution that will help us expand our mortgage business and take advantage of new market opportunities," said Mark Hansen, president of West Gate Bank Mortgage.