Countrywide Home Loans Signs With CheckFree
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Electronic billing and payment company CheckFree said Countrywide Home Loans Inc., a national residential mortgage company, signed on to offer its services to all of Countrywide's 2.4 million customers.
Using CheckFree (CKFR) E-Bills, an integrated electronic billing and payment solution, Countrywide customers now can pay their mortgage and home equity loan bills electronically.
Financial arrangements between the companies were not disclosed.
Countrywide E-Bills are available at a number of CheckFree-supported Web sites including Yahoo, U.S. Postal Service, WingspanBank.com and CheckFree E-Bill Direct.
Electronic payments made to Countrywide Home Loans will be processed by CheckFree Genesis 2000, an integrated end-to-end electronic billing and payment engine.
With Genesis 2000 and CheckFree's browser-based customer care tools, billers can view, track and report the status of billing and payment events without transferring the call to CheckFree.