Wednesday 26 March 2025 05:58 GMT

BSI Financial Services Launches Tech-Driven HELOC Subservicing Solution


(MENAFN- PR Newswire) "HELOCs aren't a side business-they're an important portfolio driver for our clients," said Allen Price, senior vice president of BSI Financial. "We recognized that traditional servicing approaches weren't meeting the unique demands of HELOC portfolios, so we've developed a comprehensive solution that transforms the experience for both lenders and borrowers."

"HELOCs aren't a side business-they're an important portfolio driver for our clients," said Allen Price, SVP.

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BSI Financial's HELOC subservicing solution features four key components:

  • Frictionless Borrower Access: A checkbook-style system allows homeowners to make instant, self-service draws on their HELOCs.
  • Risk Mitigation at Scale: Real-time foreclosure tracking paired with early intervention strategies protect the performance of HELOC portfolios.
  • Investor-Grade Reporting: Clear, precise data dashboards give lenders confidence when measuring portfolio growth and performance.
  • Fintech-Powered Compliance: BSI Financial's proprietary LibrettoTM compliance engine ensures adherence to essential regulations like the Real Estate Settlement Procedures Act (RESPA), and state requirements, right from the start.

BSI Financial's proprietary technology stack, including Libretto and BSI ASSET360, makes HELOC servicing smarter, smoother, and more scalable for financial institutions of all sizes. Libretto automates daily quality assurance, reducing processing errors and identifying potential issues before they impact customers. BSI ASSET360 provides lenders and investors with real-time visibility into asset status and performance. Both systems help build confidence among lenders and servicers, consumers, investors and regulatory agencies.

"Our clients have been asking for a better way to service their growing HELOC portfolios," added Price. "With this solution, we're not just fixing the broken parts of HELOC servicing-we're reimagining the entire process to deliver more value to investors, lenders and borrowers."

For more information about BSI Financial's HELOC subservicing solution, visit: BSI Financial Subservicing.

About BSI Financial Services

BSI Financial Services is leading the evolution of mortgage servicing for originators, investors, and BSI homeowners using a mortgage fintech platform. The company brings together a talented team with long mortgage industry expertise, scalable digital capabilities, and deep regulatory understanding. BSI Financial is one of the fastest-growing mortgage servicers across the industry and currently services nearly $50 billion in mortgages. The company is approved as a servicer by Fannie Mae, Freddie Mac, FHA, VA, and USDA, approved as an issuer by Ginnie Mae, and rated by S&P, Fitch and DBRS as a servicer. For more information, visit

PRESS CONTACT:

Mary McGarity
Strategic Vantage Marketing & Public Relations
203-260-5476
[email protected]

SOURCE BSI Financial Services

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