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What is a SaaS loan servicing application?

application loan SAAs
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What is a SaaS loan servicing application?

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• SaaS, or Software as a Service applications are accessible via a Web connection and are very easy to use. Once your account is setup, you simply need to login into the application and start working. The software operates just as it would if it were loaded on your personal computer system. You may also hear SaaS applications referred to as “hosted” or web-based software.

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