The government has and will again come into our space with programs to avert foreclosures. I would assert that some foreclosure will and have to happen regardless of the government’s good intentions. Instead of pushing plans on servicers, the real foreclosure fix is to empower servicers to work with these borrowers in a more meaningful way so workouts last and foreclosures that are inevitable happen and clear the way for faster recovery...Read Full News

IndiSoft, a Columbia, Md.-based technology development firm, has announced an enhancement to its RxOffice Premium Counselor Edition.
According to the company, the enhanced version gives counseling agencies a tool to better manage internal business operations, including various kinds of counseling offered and the day-to-day activities at the agency. The enhanced version also features the ability to electronically post data to the U.S. Department of Housing and Urban Development (HUD) Housing Counselor System, thus allowing its use by any HUD-approved agency participating in the housing counseling program...Read Full News

Columbia, Maryland-based IndiSoft LLC,, a technology development firm that provides software as a service (SaaS) solutions for the mortgage default and financial services industries, announced Tuesday that the company has enhanced its RxOffice Premium Counselor Edition.
The updated module has been approved by HUD for direct, electronic reporting by agencies participating in its Housing Counseling Program...Read Full News

COLUMBIA, Md.--(BUSINESS WIRE)--IndiSoft,a technology development firm that provides software as a service (SaaS) solutions based on a collaborative rules-based workflow platform for the financial services industry, announced today the enhancement to its RxOffice® Premium Counselor Edition. The enhanced version of the company’s module gives counseling agencies a tool to better manage internal business operations including various kinds of counseling offered and the day-to-day activities at the agency. The module also features the ability to electronically post data to the HUD Housing Counselor System...Read Full News

COLUMBIA, Md. -- (BUSINESS WIRE) January 17, 2012
a technology development firm that provides software as a service (SaaS) solutions based on a collaborative rules-based workflow platform for the financial services industry, announced today that the company has achieved the ISO 27001:2005 Information Security Management System Standard...Read Full News

Though Gartner's downward revision for 2012 global IT spending growth may well be accurate, that doesn't mean companies should assume their opportunities are shrinking. Many global IT markets are still quite robust, suggested Beni Lopez, chief globalization officer of Softtek. What's key is knowing where to concentrate one's efforts...Read Full News

COLUMBIA, Md. -- (BUSINESS WIRE) January 03, 2012
A technology development firm that provides software as a service (SaaS) solutions based on a collaborative rules-based workflow platform for the financial services industry, announced today that Earl Devaney has joined its advisory board. Devaney recently retired from the federal government after 41 years. He will advise IndiSoft on business development efforts and other company business based on his government financial expertise...Read Full News

COLUMBIA, Md. -- (BUSINESS WIRE) November 09, 2011
A technology development firm that focuses on systems for the default services industry, has promoted Kapil Dhakad from project manager to vice president of custom solutions of the company. He is now responsible for ensuring that product configurations are tailored to meet specific needs of each client. ...Read Full News

COLUMBIA, Md. -- (BUSINESS WIRE) October 25, 2011
IndiSoft has doubled its office space, giving the company the ability to further enhance its RxOffice® platform, which has given servicers, counseling agencies, mortgage insurers and other stakeholders in the default services industry the tools they need to improve efficiency and transparency in their processes. IndiSoft’s latest modules, MortgageRx and RxOffice Compliance, help servicers and stakeholders with their quality control efforts while allowing them to remain profitable...Read Full News

COLUMBIA, Md., Aug. 23, 2011 – IndiSoft, a technology development firm that focuses on systems for the default services industry, announced today it is a gold level sponsor of the 3rd Annual Bishop/Klock Scholarship Fund Golf Tournament. The event benefits qualified students in pursuit of project management degrees from accredited institutions. The Baltimore chapter of the Project Management Institute (PMI) is hosting the event and providing the scholarships.Read Full News

COLUMBIA, Md., Sep 15, 2011 (BUSINESS WIRE) -- IndiSoft, a technology development firm that focuses on systems for the default services industry, has expanded its management team, hiring Rosa Linnear as a new project manager and tapping Nandini Thosar as a software engineer. Read Full News

COLUMBIA, Md. -- (BUSINESS WIRE) August 10, 2011
IndiSoft announced today it has developed a strategic alliance with The Tomorrow Group, a C-level consultancy providing highly focused and specialized governance, business advisory, and management services for public and private companies. The Tomorrow Group will market IndiSoft’s RxOffice® platform to the financial industry...Read Full News

PROGRESS in Lending Association--July 18, 2011
Many are overwhelmed by market conditions, but Sanjeev Dahiwadkar of IndiSoft sees opportunity where others don’t.....Read Full News

COLUMBIA, Md. -- (BUSINESS WIRE) June 28, 2011
IndiSoft will refer its clients to Hosting.com for compliance, business continuity and disaster recovery solutions. Hosting.com’s secure, cloud-enabled solutions are certified with the highest levels of availability and....Read Full News

COLUMBIA, Md., June 14, 2011
IndiSoft, a technology development firm that focuses on systems for the default services industry, announced today its acquisition of Columbia, Md.-based Microtek Systems Inc., a software development and outsourcing services company. Through the acquisition, IndiSoft adds Microtek’s strong Oracle expertise and enhances its independent business consulting services....Read Full News

By Business Wire
Housing counseling agencies have an increasingly important role in today’s challenging housing market. They provide consumers with trusted advice on housing options, as well as information regarding defaults, foreclosures and credit issues. IndiSoft, a technology development firm, has the workflow technology to enable counseling agencies to better mange internal operations and more effectively communicate with financially troubled consumers and servicers as needed...Read Full News

By Business Wire
Today’s ever-changing business market requires financial institutions, including community banks, to demonstrate agility to remain competitive. They must have the right technology to assist in that effort. IndiSoft, a technology development firm, offers the workflow technology that enables community banks to not only manage internal workflow but also communicate more efficiently with business partners. ...Read Full News

Los Angeles, CA (PRWEB)
In order to recognize the hottest technology companies in DC Area, Lead411 (http://www.lead411.com) is proud to announce the release of the 'Hottest Companies in DC Area" awards for 2011.
Background
On a daily basis, the Lead411 research team scours through at least 600 press releases and business articles including venture capital financings, company launches, office openings, new customer press releases, etc. This information has given insight to which are the fastest growing technology companies in U.S. Their "Hot List" awards have been created to recognize these fast growing companies. This particular list originally started with over 855 companies and it has been narrowed down to the top 43...Read Full News

COLUMBIA, Md.--(BUSINESS WIRE)--IndiSoft, LLC, a technology developer focusing its efforts on the default service management industry, announced that effective immediately its RxOffice® platform meets Home Affordable Foreclosure Alternatives (HAFA) program requirements, which are effective today. Additionally, the company’s new RxOffice Realtor portal was launched today.

RxOffice Realtor Portal allows Realtors to manage the explosion in short sale real estate transactions. Nearly one in four mortgages are underwater, where mortgage balance exceeds the home’s value, according to First American Core Logic. In February 2010, short sales accounted for 17 percent of all residential real estate sales, according to Campbell/Inside Mortgage Finance. ...Read Full News

COLUMBIA, Md.--(BUSINESS WIRE)--IndiSoft, a technology development firm specializing in default management, announced today that National Creditors Collections Inc. (NCCI) has selected RxOffice® Loss Mitigation portal to further enhance the company’s field contact efforts.

“NCCI recognizes the importance of continually advancing client contact results with homeowners who are having financial challenges and need to explore loss mitigation options,” said Richard Rodriguez, president and CEO. “We are eager to implement IndiSoft’s RxOffice platform and gain efficiencies with every party in the default management and loss mitigation field services network.” ...Read Full News

(BUSINESS WIRE) -- ITShastra (India) Pvt. Ltd.: Sanjeev Dahiwadkar, president and CEO of IndiSoft LLC, Prasad Nagool, CEO of ITShastra (India) Pvt. Ltd., and Sandhya Ashokan, vice president of Web technologies for ITShastra, have joined to sponsor. WorldHelpforJapan is a global movement for performing musicians to use their talents to immediately support disaster relief efforts in Japan...Read Full News

IndiSoft, a Maryland-based technology development firm that focuses on systems for the default services industry, announced Tuesday that Arvind G. Chitale has joined the company’s advisory board
Chitale, CFO of Washington, D.C.- based Rodman’s Discount Stores, will advise IndiSoft in business and financial matters...Read Full News