New American Funding has implemented Covius Document Solutions for its default servicing operations.
Specifically, New American will use Covius’ 50-state template library and on-demand printing services to prepare and deliver compliant pre-foreclosure/breach letters.
“Servicers are experiencing pressures not seen in a decade,” says Pete Pannes, chief business officer, in a release. “A single mortgage may be subject to hundreds of federal and state laws and regulations. To help servicers navigate this complexity, Covius’ warranted