Green River Financial launches a short-sale technology platform
Green River Financial, a unit of Green River Capital, launched GRFConnex to ensure all clients remain compliant with upcoming regulations.
GRFConnex is a step-driven, template-based short-sale and deed-in-lieu processing system. The technology allows clients to track the progress of their loans based on specific requirements from regulators and investors in addition to their own internal policies.
“While our focus has been on the evolving GSE and FHA requirements as part of the National Servicing Alignment initiatives and on the January 2014 CFPB new servicing rules implementation date, we know our work does not end there. We will continue to monitor and adapt our technology and processes to ensure compliance with future changes that impact consumer contact and short sale processing,” said Tim Reilly, senior vice president for GRC/GRF.