“SIME (pronounced Sim-mee) consolidates layers of loan servicing, typically accessed through dated platforms, into a simple format with intuitive dashboards and reports,” said Ali Vafai, president of The Money Source. “The enhanced field-level access has allowed us to reduce delinquencies and manage smarter and more efficiently.”
With SIME, clients of The Money Source can see everything that The Money Source servicing staff see on each loan. Clients can listen to recorded calls, see all notes, download documents in an instant, all over a web browser. Custom reports can be created on the spot without any programming experience.
“As lenders we need full transparency along with the reassurance we are meeting all regulatory guidelines. We are pleased to share the SIME experience with our new subservicing clients,” Vafai said.