IMS Named to Mortgage Technology`s "Top 50 Service Provider" List
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Collateral Protection Company Honored as a Top Industry Service Provider HOUSTON--(Business Wire)-- Integrated Mortgage Solutions (IMS), a collateral protection resource for the mortgage servicing industry, has been recognized by Mortgage Technology Magazineas an industry leader and is the only collateral protection resource named to the2009 Top 50 Service Provider list. "Our four major criteria for inclusion of eligible vendors and service providers on our list are customer satisfaction, functionality, market share and viable revenue model," said Mortgage Technology Magazine editor Anthony Garritano. "Demonstrating functional value to lenders is our most important criterion. It is crucial that the providers on our list have satisfied users and show the ability to hold them." According to the publication`s June issue, Mortgage Technology Magazine awards those companies in the industry that are providing innovative technological advancements to businesses. The winners are those who are expanding the frontiers of business technology. "As the already extensive surplus of foreclosures and vacant properties continues to grow, it is critical that mortgage servicers have a collateral protection plan in place to prevent further property value deterioration," said Cheryl Lang, CEO of IMS. "Our company is focused on helping mortgage servicing companies handle damaged properties by reducing costs, risksand administrative processing, while using outreach programs targeting delinquent borrowers who are at risk of foreclosure." IMS` commitment to innovation, enhanced services and expanding client base make the company a Top Technology Vendor. Over the past nine years, Cheryl Lang has re-branded her company and refocused its staff and resources to help the mortgage industry in some of its most personal and uncomfortable stages - including the current default and foreclosure crises. The company`s flagship product, Asset Disposition and Management Services (ADAM), helps mortgage servicing companies employ an independent third party to assist in successful borrower outreach and loan work out solutions. The extension of IMS` loss mitigation operations on behalf of clientsserves to reduce costs, risks and administrative processing. IMS works hard to enhance the business strategies of its clients, resulting in increased productivity and improved efficiency. The benefits are certainly measurable, in both tangible and intangible terms. About IMS Integrated Mortgage Solutions is the collateral protection resource for the mortgage servicing industry, offering loss draft, inspections and preservation, hazard claims processing, property repair, loss mitigation and consulting services. The company was created with the sole purpose of helping mortgage servicing companies handle defaulted and damaged properties efficiently and effectively by reducing costs, risks and administrative burdens. For more information about IMS, visit www.imstoday.com. for IMS Joy Harper, 678-781-7208 or Elizabeth Salter, APR, 678-781-7224 Copyright Business Wire 2009
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