Industry Partners
- FHA TOTAL Scorecard® was developed by HUD to evaluate the credit risk of FHA loans that are submitted to an automated underwriting system. To underwrite an FHA loan electronically, a mortgagee must process the request through an automated underwriting system that can communicate with FHA TOTAL Scorecard. Loan-Score developed a direct, system-to-system interface with Scorecard from its AUS that instantly returns decisions on FHA deals. Loan-Score offers connectivity to Scorecard in one of three ways: 1) clients using Loan-Score's decision management suite have access to Scorecard. 2) Lenders can connect to Loan-Score's AUS and gain connectivity to Scorecard via transparent web services. 3) users can utilize Loan-Score's standalone website (www.LoanSCORECARD.com) to return decisions from Scorecard. www.fud.gov
- Fannie Mae is a shareholder-owned company with a public mission. The GSE exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to ensure that mortgage bankers and other lenders have enough funds to lend to home buyers at low rates. Their job is to help those who house America. www.fanniemae.com
- Lender Support Systems Inc. (LSSI) is led by mortgage industry veterans, provides a superior suite of eMortgage enabled technology solutions to mortgage lenders (including but not limited to bankers, credit unions, community banks) and service providers as a platform for building more streamlined, cost effective and profitable loan origination services. Solutions offered by LSSI include: compliance services, mortgage closing document preparation software, servicing software, document imaging, data extraction, business process outsourcing solutions and custom software solutions. www.lendersupportsystems.com
- ComplianceEase is the premier provider of automated compliance solutions to the residential mortgage industry. Its Internet-based platform - ComplianceAnalyzer empowers lenders, and secondary market investors; with the ability to perform effective loan-level audits on federal and state consumer lending laws, Truth in Lending (TIL) and most importantly, high-cost lending compliance. The patented expert system utilizes advanced reasoning and decisioning technologies as well as natural language processing to power the beginning-to-end solution. ComplianceEase's AssureCert provides the industry's only insurance-backed warranty of up to $250,000 per loan. The ComplianceAnalyzer solution provides significant savings in the time and costs required to perform compliance reviews. By implementing the efficiency and accuracy of ComplianceAnalyzer, lenders and investors can eliminate costly loan-level errors. complianceease.com
- MCT Trading is a risk management firm that provides advisory services to mortgage lenders. The company specializes in the use of mortgage-backed bonds (TBA securities) to enable clients to maximize the gain on sale of their loans, and to develop "best-of-class" secondary marketing practices within their organizations. MCT Trading's duration/convexity matching analytics and pipeline management strategies can be used to achieve enhanced profits on all conforming Fannie Mae, Freddie Mac, Ginnie Mae, FHA/VA and non-conforming loans. Additionally, MCT Trading's extensive knowledge of the mortgage banking industry provides mortgage banking consulting services on a project-by-project basis. mc-trading.com
- California Creative Solutions Inc. (CCS) is a global information and technology company with engineers that specialize in providing clients with high quality services, and manpower for software engineering, systems analysis, integration, and development. www.ccsglobaltech.com
- BDM Financial Services, Inc. arranges competitive and flexible equipment leases and other financing for a broad spectrum of clients including financial services, mortgage lending, healthcare, telecommunications, hospitality, Fortune 500 corporations, aerospace, agri-business, energy production and conservation, food processing, the legal professions, resort and recreation, home-building, regional and national restaurant chains, transportation, video post production, waste management and other industrial and commercial accounts. www.bdmfinance.com
- Celink is a Standard and Poor's "select servicer" of reverse mortgages as well as a Fannie Mae-approved reverse mortgage servicer. Celink's proprietary Java-based reverse mortgage servicing platform, ReverServ, is fully scalable and will support its clients' growth strategy for many years to come. This servicing platform supports the FHA HECM, the Fannie Mae HomeKeeper, and numerous proprietary reverse mortgage products. Celink is the largest independent subservicer of reverse mortgage and its clients include regional to nationwide lenders, banks, insurance companies, and several Wall Street firms. www.celink.com
- NattyMac's Warehouse Lending Group provides mortgage warehouse facilities to Mortgage Bankers. NattyMac was formed and is managed by a group of experienced warehouse lenders. NattyMac understands the demanding needs of your business and are dedicated to helping you grow. The company welcomes the opportunity to propose a warehouse line for Mortgage Bankers that have a proven record of originating; packaging and selling residential mortgage loans. www.nattymac.com
- Del Mar DataTrac® is the leading technology provider for small and medium mortgage lenders. DataTrac®, the company's flagship product, is the centerpiece of a powerful suite of applications that gives lenders ultimate control over their entire loan pipeline. www.delmardb.com
- Ellie Mae is an award-winning provider of software and services for the mortgage industry, offering comprehensive business solutions for mortgage brokers, mortgage bankers and lenders. The company's key offerings include the flagship Encompass Mortgage Management Solution, the Encompass WebCenter, Electronic Document Management (EDM), Encompass CenterWise and Encompass Closer. More than 150,000 mortgage professionals use the Encompass mortgage management solution, including two-thirds of the nation's top 300 brokers and nine of the top 10. Ellie Mae is recognized for linking the many parties critical to the mortgage origination industry through its ePASS Network. Ellie Mae was founded in 1997 and is based in Pleasanton, California. www.elliemae.com
- PCLender.com provides web based software and services solutions to mid-sized mortgage bankers. Built with increasing compliance and security requirements in mind, the PCLender.com fully hosted enterprise mortgage lending platform, InHouse Mortgage, integrates the functionality of up to eight different systems, offers guaranteed on time implementation, and ensures a best-of-breed experience end-to-end. Its browser-based thin-client architecture secures data at the server, away from laptops and storage devices - allowing mortgage bankers to sleep at night. www.pclender.com
- ProLender Solutions ProLender Solutions specializes in premier software solutions for the mortgage lending industry. Their flagship product, ProLender, is an affordable alternative to spreadsheets and manual systems as well as expensive legacy systems. The ProLender system incorporates all of the lending functions into one workflow system with built- in business rules that streamlines the mortgage lending process allowing you to close more loans faster. Unparalleled customer service and decades of accumulated mortgage industry experience makes ProLender the solution choice of small and medium lenders. www.prolender.com
- ValuationLogic is a mortgage technology company that develops residential collateral analysis tools. The focus of these tools is to bring automation to the review of residential appraisal reports and accelerate the identification of risk issues. By automating risk identification and the scoring of the individual risks at the customer level, users of appraisal reports can more rapidly, consistently and efficiently make collateral related decisions. www.valuationlogic.com
- DocMagic develops software, processes and web-based systems for the production of compliant loan document packages. Along with its loan document production system, DocMagic®, DSI provides legal expertise regarding the completion of all applicable forms, and both guarantees and warrants that all agency forms are up-to-date and in compliance with GSE requirements. DSI's staff includes a team of compliance experts that constantly monitor legal and regulatory changes at federal and state levels to ensure accuracy. DSI is the first company in the mortgage industry to develop a fully integrated mortgage customer contact management system, LoanMagic™, that is specifically designed to meet the needs of loan officers to help streamline the tasks involved with acquiring leads, managing contacts and gathering all personal and credit information. www.docmagic.com
- The Mortgage Bankers Association seeks to create an environment that enables its members to invest in communities and achieve their business objectives. The association creates this environment by developing innovative business tools, educating and training industry professionals, providing a gathering place for the sharing of ideas, acting as the industry's voice on legislative and regulatory issues, and developing open and fair standards and practices for the industry. www.mortgagebankers.org
- The California Mortgage Bankers Association serves to represent the residential and commercial real estate finance industry before all governing bodies. CMBA encourages and promotes sound business practices and honesty in marketing, origination, lending and servicing of mortgage loans through our educational and networking opportunities. www.cmba.com
- National Reverse Mortgage Lenders Association (NRMLA) is the national voice of the reverse mortgage industry, serving as an educational resource, policy advocate and public affairs center for lenders and related professionals. NRMLA was established in 1997 to enhance the professionalism of the reverse mortgage business. The NRMLA’s mission is to educate consumers about the pros and cons of reverse mortgages, to train lenders to be sensitive to clients' needs, to enforce its Code of Conduct and Best Practices, and to promote reverse mortgages in the media. www.nrmla.org
- Mortgage Industry Standards Maintenance Organization, Inc. (MISMO) was established by the Mortgage Bankers Association (MBA) to coordinate the development and maintenance of Internet based Extensible Markup Language (XML) real estate finance specifications. www.mismo.org