Visionet Systems has opened a new BPO center (30,000 square foot with a capacity for 600 processors) in Bangalore, India.

The company's newest facility has multi-country capabilities and provides unmatched redundancy and risk aversion to the mortgage industry. The unit focuses on loan review, underwriting verifications, lien release, default management and investor accounting to mortgage lending and servicing organizations.

Arshad Masood, president of Visionet Systems, said, "With seven of the top ten banks using our solutions to drive outsourcing, Visionet Systems is focused on delivering mortgage-specific technology products that bring visibility to the outsourcing process. Lenders today are looking for ways to lower their costs and increase efficiencies. Our combination of industry expertise, technology solutions and offshore centers not only lowers the cost for lenders, but also assures continuous integrated improvements moving forward."

Image Source: www.visionetsystems.com