Constant And SolomonEdwards Partner On Loan Mod Solution – NMP Skip to main content

Constant And SolomonEdwards Partner On Loan Mod Solution

Jun 11, 2020
Constant and SolomonEdwards agreed to offer their TotalMod solution

Constant and SolomonEdwards agreed to offer their TotalMod solution, developed to help financial institutions manage the expected spike expected in loss mitigation activity following the expiration of extensions and forbearances.
 
TotalMod includes: Constant’s AI-powered software that automates loan modifications end-to-end and other workout solutions for consumer, mortgage and student loans; and SolomonEdwards’ implementation, change management, and risk and compliance services.
 
Constant and SolomonEdwards agreed to offer their TotalMod solution
The TotalMod solution is intended to help financial organizations mitigate the need for large staffing campaigns and reliance on inundated phone channels that challenge servicers’ ability to comply with consumer protection laws and shifting regulatory requirements related to financial reprieve. 
 
“SolomonEdwards’ expertise on managing the changing regulatory environment, coupled with superior banking and mortgage expertise and customized solutions, makes them an ideal partner as we approach a wide variety of financial organizations,” said Catherine Powers, CEO at Constant.

 
About the author
Published
Jun 11, 2020
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Jul 02, 2026