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LSSI and Stewart Lender Services Form Strategic Alliance
By James Comtois
Lender Support Systems Inc., a provider of e-mortgage-enabled lending and loan servicing technology software, has formed an agreement with Stewart Lender Services Inc. whereby Stewart's flood products are seamlessly integrated into LSSI's platform through the company's LSSIConnect and Importer, providing lenders access to Stewart's flood zone determinations in standard FEMA-required format.
LSSI offers compliance services, mortgage closing document preparation software, servicing software, document imaging, data extraction, business process outsourcing solutions and custom softwares.
Stewart provides flood zone determinations in compliance with the National Flood Insurance Program, accessing a comprehensive database containing the flood zone status of more than 150 million properties in all 50 states, Puerto Rico and the U.S. Virgin Islands.
"Our partnership with LSSI enables Stewart to extend its products and services to LSSI's customer base to further strengthen our value proposition for our customers," said Tara Williams, senior vice president of Origination Services for Stewart Lender Services.
"LSSI continually expands our vendor portal platforms to provide easier access to other company's product offerings for the benefit of our customers," said Cary Burch, president and CEO of LSSI. "Our origination platforms have been expanded to include easy access to Stewart's flood zone determination products, thereby simplifying the way lender's request and utilize flood services."
LSSIConnect is a single Internet connection point for ordering LSSI products and services, as well as specific third-party partner services sold through LSSI. LSSI's Importer is an enhanced interface that expedites processing while eliminating the risk of double entry errors in two separate applications.
LSSI's closing technology includes WebDocs, a Web-based solution offering compliant loan closing documents 24/7 365 days a year and Docs3D, a Web-based application developed in ASP, .NET and C# for the accurate creation of loan documents.
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