CRE Servicing Software

The new North Shore CRE Servicing software module is the final piece to the end-to-end North Shore solution to be developed, as the company left the best for last. The comprehensiveness and usability of the module are the culmination of many years of experience developing, implementing, and using servicing and accounting systems by the company principals, and the support and development staff.

CRE & Construction Finance Servicing

With a sole focus on the CRE and construction finance since the inception of the company, NSS has brought an understanding of the industry’s needs like no other vendor. After years of research and planning, it has designed a system that provides what is essential to successfully implement a new platform or convert from an existing one, handle all loan and investor types, comply with regulators & CREFC, and provide an excellent customer and partner experience.

This CRE servicing software can be used stand-alone, in conjunction with your front-end systems, or as one component within a single, integrated end-to-end North Shore platform.

For more information please read below or contact us to learn more about our the final part in our end to end solitons, the CRE Servicing software.

Flixible Billing / Payment Options - CRE Servicing Software

Easy Navigation:

Stay organized your way. Search by Recent Activity, Deal Entity or any number of ways that suit your workflow preferences.

Flixible Billing / Payment Options - CRE Servicing Software

Flexible Billing/Payment Options:

The system supports all loan types and servicing options.

Years of
Experience

Transaction HIstory - CRE Servicing Software

TRANSACTION HISTORY:

An intuitive interface for searching and viewing history at summarized and detailed levels.

CRE Servicing Software Features & FUNCTION

User-Defined Business Rules & edits:

  • Credit Policy

  • Loan Performance

  • Compliance

  • Workflow

  • Pricing

  • Portfolio stressing/sensitivity

Escrows for Taxes & Insurance with:

  • No limit on number for each

  • Individual receipt & disbursement schedules

  • Reserves

  • Hold Amounts

  • Optional Interest on each

Collateral can be at all levels:

  • Commitment

  • Loan

  • Part

  • Investor

  • Shadow

User-Defined Credit Products

Borrower/Investor/Third-Party Portals

Unlimited numbers of:

  • Hierarchical relationships

  • Commitment and Limit Controls

  • Pricing Tiers

  • Default and penalty options

  • Payment schedules & renegotiated structures

  • Billing and collection options

  • Shadow accruals

Unlimited Schedules for:

  • Interest

  • Fees

  • Expenses

  • Shadow Accruals

  • Collateral

  • Escrows and more

Benefits

35%

reduction in servicing costs

70%

improvement in system reliability & availability

100%

improvement in real-time data availability

90%

reduction in manual billing adjustments

50%

reduction in phone/fax/email usage

60%

reduction in nightly batch cycle time

70%

reduction in loan boarding time