WEST PALM BEACH, Fla., June 30, 2004 (PRIMEZONE) -- This summer, Aegis Mortgage Corporation (Aegis) will be implementing Ocwen Financial Corporation's (NYSE:OCN) REALServicing(r) platform in order to allow Aegis to expand its mortgage servicing capabilities. REALServicing is a proven, integrated residential mortgage servicing solution that includes resolution management.
The REALServicing solution will enable Aegis to leverage Ocwen's years of industry experience and expertise to integrate and streamline mortgage servicing processes. Ocwen's solution provides Aegis with advanced servicing technology that incorporates state of the art call center management systems and Voice over Internet Protocol Telephony enabling management efficiency of the customer service operations.
"Because REALServicing is a windows-based, web-enabled system, it is easy-to-use and allows for rapid adoption," stated Bill Erbey, Chairman and CEO of Ocwen. "Further REALServicing enables the business unit staff to make changes to business rules without the assistance of the computer department. This will enable efficient and continuous process improvement throughout the organization."
REALServicing is an integrated servicing platform that includes performing mortgage management, default management, loan resolution, and REO management. The solution also includes investor access to reporting and data.
Aegis Mortgage Corporation is one of the top 40 largest mortgage production organizations in the U.S. and one of the fastest-growing. With nearly 3,000 employees working in 47 states, the company has plans for strong, continued growth and expansion.
Ocwen Financial Corporation (NYSE:OCN) is a diversified financial services holding company with headquarters in West Palm Beach, Florida, and a presence in Canada, China, Germany, India, Japan and Taiwan. Ocwen Financial Corporation is engaged in a variety of businesses related to residential and commercial mortgage servicing, real estate asset management, asset recovery, global outsourcing and the marketing and sales of technology solutions to third parties. Ocwen Financial Corporation is a global leader in customer service excellence as a result of our company-wide commitment to quality, integrity and accountability. Additional information about Ocwen Financial Corporation is available at www.ocwen.com.