On Friday, Shares of Fiserv Inc (NASDAQ:FISV), subtract –0.82% and closed at $99.98 in the last trading session. The last trading range of the stock ranges between $99.36 and $100.88. The company’s Market capitalization is $21.80 Billion with the total Outstanding Shares of 219.82 million. During the 52-week trading session the minimum price at which share price traded, registered at $85.63 and reached to max level of $111.51. Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, declared recently a contract with CoreLogic, a leading global property information, analytics and data-facilitated services provider, to integrate its IntelliMods™ loan modification decisioning tool with LoanServ™, a comprehensive servicing platform.
“Facing default is a truly distressing situation for a borrower,” said Joe Dombrowski, director of product administration, Lending Solutions, Fiserv. “The integration of LoanServ from Fiserv with CoreLogic IntelliMods facilitates a servicer to quickly – in real time – and accurately evaluate borrower information and present the appropriate loan modification package, thereby reducing default risk and greatly improving borrower interaction.”
Loss mitigation demands rigorous adherence to federal requirements, and the integration means faster processing of information necessary for a rules-based analysis of workout options, counting compliance with Fannie Mae and Freddie Mac requirements. Once the user selects the modification profile (term extension, rate or principal reduction), IntelliMods delivers a decision in a matter of seconds. With the integration of the IntelliMods decisioning tool from CoreLogic into LoanServ, Fiserv clients can now upload, qualify, process, route to borrowers and track loan modifications at an accelerated rate, trimming days off of the process. Follow-up of terms can be automated as well.
Shares of Leidos Holdings, Inc. (NYSE:LDOS), subtract -1.71% and closed at $42.07 in the last trading session. The last trading range of the stock ranges between $41.88 and $42.88. The company’s Market capitalization is $6.30 Billion with the total Outstanding Shares of 149.76 million. During the 52-week trading session the minimum price at which share price traded, registered at $37.79 and reached to max level of $59.52. Endeavor Robotics (formerly iRobot Defense & Security), the U.S.-based combat-tested and leading ground robotics company, and Leidos, Inc. (Leidos), (LDOS), a global science and technology solutions company,, have teamed to pursue the forthcoming U.S. Navy Advanced Explosive Ordnance Disposal Robotic System (AEODRS) Increment 2 and 3 Program.
“A combined Endeavor Robotics/Leidos team brings together the United States’ most mature and successful ground robotics systems integrator with the nation’s leading enterprise in the federal technology solutions sector to deliver the lowest risk and most capable team for the U.S. Navy. Combining the nimbleness of a 100-person proven robotics systems integrator with the deep resources of a 33,000-person defense systems integrator is a clear win for our government customer and the warfighter,” noted Tom Frost, President of Endeavor Robotics.
David Robbins, Senior Vice President and Operations Manager of Leidos, said, “Our teaming arrangement with Endeavor Robotics leverages the best of both companies’ talents and capabilities, and together we are well positioned to deliver the AEODRS Increments 2 and 3 program on plan with the lowest possible risk.”