The Announcement

Today, ISGN announced that it has completed its acquisition of Fiserv’s Loan Fulfillment Solutions business.

The Significance

	ISGN has grown year on year, based on clients who have trusted their core and non-core processes to us.  To our industry leading platforms and customized solutions on loan origination, servicing and default management, we have added one of the largest players in the settlement and title services industry.
	With this acquisition of a company that is such a strategic and reputed player and part of this industry, ISGN has become among the top 3 providers of service and technology focused on the mortgage domain.
	What this means for our clients, is that they can now work with a single provider for origination, closing/ post closing, title and settlement services, servicing and default management solutions and gain tremendous economies of scale with a single vendor.

How does this benefit our Customers?

	Expanded Product Line. This acquisition broadens our suite of end-to-end products and services, adding broker price opinions, closing and settlement services, valuation services, flood and title certification, home retention and loan modification solutions, and vendor management solutions.
	The Opportunity to Consolidate – and Save. With a fragmented market, we heard our customers talk about consolidation, but lack of partners that provide them complete portfolio of products and services. With this acquisition, we have the breadth and depth across the entire loan life cycle.
	With our dedicated team and account management function, customers will realize:
		Process efficiencies
		Reduced vendor costs, and
		Economies of Scale
	Ability to Manage Capacity and Growth. Lenders face the constant challenge of managing capacity and growth. Partnering with ISGN relieves them of having to staff up or down. By outsourcing their business to a provider with domain experience, they can address:
		Consolidation
		Capacity
		Quality
		Customer Focus
	Bottom Line for Customers: Enhanced Loan Profitability. The # 1 challenge facing our customers is enhancing loan profitability. As a one-stop solution for all loan lifecycle requirements, ISGN offers customers a proactive approach on managing/avoiding delinquencies, implementing the latest Fed and monetary policies, enhancing borrower and investor transparency, and analytics to support portfolio optimization – all this leading to loan profitability.

What Sets Us Apart

	One-Stop Solution. With great fragmentation in the industry, we are one of the few vendors that offers complete and comprehensive end-to-end solutions for mortgage lenders.
	Singular Focus on the Mortgage Market. Unlike some providers in our industry, we are laser-focused on the mortgage market, and our entire management team comes exclusively from the mortgage industry. That gives us domain experience that few competitors can match.
	Nimble and Flexible. We are distinguished from our competitors by our agility and quickness. We implement policy and market changes quickly in our systems, our resources are trained on new regulations before they are implemented and we work with our customers in supporting their strategic initiatives, rather than implementing ours.
	Strength of the combined entity
		More than 1500 people based in 15+ domestic locations and three international facilities. We will serve more than 1100 customers and 50,000+ users through the ISGN network
		One out of five loans originated in the U.S. touches systems or process of the combined entity
		More than one in ten of the defaulted loans are managed through our people, processes and platforms
		We are one of the largest third party providers in terms of number of loans modified
	Blue-Chip Client List. We currently support 11 of the top 20 lenders and 12 of the top 20 servicers. Most of the top 10 lenders and Services are our clients and we have grown that relationship based on high customer satisfaction scores and ability to quickly re-invent and adapt ourselves to our client requirements.