Data Sheet

Default Management for Lending

  • PDF
  • 635 KB

Orchestrate Default Management to Eliminate Errors, Reduce Costs and Provide Transparency

KEY CHALLENGE:
Regulatory reform and high default volumes challenge the servicer's ability to increase operational efficiency and respond to rapid change. Isolated systems and manual processes slow down processing, drive up costs and prevent compliance. As a result, servicers face mounting costs and the need to hire more staff to manage the growing default volume.

THE SOLUTION:
Pega delivers a single, unified platform for managing all types of troubled loan assets. With offerings for every stage in the default cycle, Pega intelligently targets the most appropriate resolution given the stage and the borrower circumstance. Whether the client has a mortgage, heloc, auto or credit card loan, Pega dynamically manages the complex and regulated process so that you can rapidly determine the plan that best benefits your customer and your company, while making sure loans in default are resolved as quickly and compliantly as possible.


Tags

Related Resources

PegaWorld 2018 promo card

PegaWorld 2018

Registration is Now Open

Discover why 4,500 global leaders plan to join us next June in Las Vegas!

The Salesforce.com Alternative

Considering Salesforce.com?

Don’t fall for the hype. See why today’s leading enterprises choose Pega CRM.