The mortgage industry is facing increasing pressure from a number of fronts. Just as a foreclosure crisis has forced a tightening of lending criteria, mortgage originators and servicers are facing competitive pressures to reduce processing costs, high integration costs from M&A activities, high maintenance costs on infrastructure, and burgeoning inefficiencies in their business processes. Increasing compliance requirements have also become a drain on resources and profitability.

Patni is a leading global provider of IT services and Business Process Outsourcing (BPO) solutions to the mortgage industry. We help mortgage originators and servicers improve the effectiveness and efficiency of their operations by providing high quality, value-added solutions that combine technology skills, domain expertise, process focus and a commitment to long-term client relationships.

The following are the mortgage areas in which we offer solutions, in the software and BPO sector.

Loan Production

	Online origination portal.
	Integrating agent/broker system with portal.
	Development of workflow based underwriting system.
	E-closing.

Secondary Marketing

	Pooling and selling of loans in the secondary market.
	Development of pricing system.

Loan Servicing

	Cash management.
	Collection.
	Escrow management.
	Loan resolution.
	REO (Real Estate owned).

Regulatory Compliance and Reporting

	Reg AB reporting.
	Investor loan reporting portal.

Analytics

Patni offers the following services to the Mortgage Banking industry:
	Application development/maintenance/testing
	Enterprise application integration
	BPM solutions
	Customization of industry standard workflow tools
	BPO process transition and support.