Citizens Financial Group (CFG) implemented the loan modification software suite of Lender Processing Services (LPS). The software provides loan modification and loss mitigation tools to streamline the process, LPS said. “LPS has woven its Strategic Consulting practice into each step of the modification process, and this, in conjunction with LPS’ proven solutions included in RediMod, is what made LPS the right partner,” said Brad Conner, vice chairman of Consumer Finance at CFG. “We have leveraged LPS’ solutions for more than 20 years and are excited to further expand our relationship.” Citizens Financial Group is a $153bn commercial bank holding company based in Providence, R.I. LPS is a developer of numerous mortgage software technology products and is based in Jacksonville, Fla. Write to Austin Kilgore.
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