With over 35 years in the business, Fiserv offers a full range of loan origination systems that fit the needs of diverse lenders, streamline their lending operations and strengthen their customer and member relationships. The best known products are the company’s Mortgage Director LOS and LoanComplete software. These softwares use AI to accurately scan and index documents to streamline the loan origination process taking time and cost out of the transaction and increasing lender profitability.
- Serves nearly 10,000 financial institutions, which together touch 100% of U.S. households in one way or another.
- More than 1.4 billion global accounts on file, the company’s technology processes 12,000 financial transactions per second.
- Technology has made it possible for lenders to work with warehouse lenders much more efficiently, allowing them to auto deposit 93% of electronic notes with straight thru processing and 96% of paper notes, with only review exceptions.