Blog

Our vision is to revolutionize and automate the loan servicing workflow of the global financial community.

Tip of the Week: Support Borrower SCRA Benefits

Helpful Tips

We are very excited about our upcoming Shaw Systems Conference and all the content we are planning to share with you. We want to give you a glimpse into some of the topics we have planned. We will share a tip every week leading up to the conference to give you a sneak peek at what you will learn.

Support Borrower SCRA Benefits

Spectrum provides automation and flexibility to support borrower benefits related to the Servicemembers Civil Relief Act (SCRA). This includes sophisticated logic to ease the burden of updating the loan status (even in the past) and meeting compliance goals.

Spectrum's sophisticated data model tracks eligibility, status changes, and borrower-specific correspondence needs. Effective dated rate changes, fee waivers, and updated payment calculation automation can streamline your workflow process and reduce manualprocessing delays.

Don’t miss your chance to learn about this feature and many more at our upcoming conference. The Shaw Systems 2023 Conference will be held May 16-19 at the Hyatt Regency Coconut Point Resort and Spa in Bonita Springs, Florida. We can't wait to see you there!

Register today to save your spot!