April 14, 2022 (Washington, D.C.) - Today, Asurity Technologies, LLC® (“Asurity”), a premier provider of digital compliance products and solutions, announced that its Asurity Mortgage Group (“AMG”) software has been successfully deployed by DLS Servicing Consultants, LLC, a trusted provider of mortgage and default servicing headquartered in Grand Rapids, MI, to deliver mortgage loan servicing capabilities to mortgage servicers DLS supports. On behalf of its clients, DLS maximizes the return on delinquent and defaulted loans by providing expert services and by using its proprietary system WaterfallCalc.com software to conduct loss mitigation reviews, as well as to support short sale, deed-in-lieu negotiations, default servicing consulting and training. Asurity and DLS have been collaborating for some time and, in the past year, have delivered on large-scale projects in response to market needs. By combining the expertise and tools both organizations can offer, clients capture the benefits by having a complete solution that efficiently and compliantly meets their needs.

DLS leverages Asurity’s advanced loan document technology to produce compliant loan modification and partial claims document packages, as well as the expertise offered by AMG’s dedicated services team to track the receipt and review of a borrower’s executed documents, coordinate counterparty signatures, record, and deliver fully executed and recorded documents to appropriate counterparties.

The combined offering delivers more efficient loan processing and fewer risky loans, which results in serviceable and saleable loans, and a better user experience in a time of heightened digital transformation in the mortgage market. “Loss mitigation involves a series of complex steps with specific technical, process, and document requirements,” says Ken Mezger, the Director of Operations and leader of the services team at AMG. “Leveraging our automated compliance technology and our team’s extensive years of deep mortgage and process expertise, Asurity is excited to support DLS in assisting mortgage servicers to minimize losses, to scale operations to meet volume demand, to control costs, and to expedite the loss mitigation process.”

Donna Schmidt, Managing Director of DLS Servicing Consultants and co-founder of WaterfallCalc.com, commented, “Asurity’s ability to quickly deploy document software and expert services which complement our capabilities have allowed us to more seamlessly take on loss mitigation work for large lenders, while providing the excellent compliance and operational efficiency that our customers have come to expect.” Schmidt further explained, “together we can help servicers extend their operations to process large backlogs of distressed assets with our outsourced services, saving the time and money to build internal operations while providing compliance and assurance throughout the process.”