The University of California entrusts ABS software to manage employee loans

The loan servicing platform met its needs, says the University

The University of California entrusts ABS software to manage employee loans

The University of California has picked Applied Business Software’s (ABS) The Mortgage Office as its servicing platform to manage its growing portfolio of employee mortgage loans.

Lending software systems provider ABS said that the University of California was looking for a more flexible, cloud-based loan servicing platform to manage their loan portfolio. It needed additional features including comprehensive data security, compliance with the latest state and federal regulations, as well as on-demand, flexible reporting.

"The Mortgage Office stood out for its reliability, ease of use, and its ability to integrate with our existing systems. The Mortgage Office allows us to streamline our internal processes, increase financial controls, and user security," said Ruth Assily, director of loan programs at the University of California.

"We are excited to welcome The University of California to our growing family of customers, and I am confident that The Mortgage Office will meet and surpass The University of California loan servicing needs," said ABS CEO and co-founder Jerry Delgado.