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North Shore Systems Advances Fannie Mae and Freddie Mac Digital B2B

October 3, 2022
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As Fannie and Freddie endeavor to build a more digital loan sourcing and underwriting environment, NSS has continued to demonstrate its leadership on the vendor side to complement that effort with agency-compliant loan origination and electronic submittal through the respective digital gateways. The NS platform captures the data required for both, validates the data according…

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CBRE Initiates Digitization Effort Across its Debt Platform

September 28, 2022
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From deal sourcing, to underwriting, closing, agency submission, and asset management, CBRE has continued to implement additional modules of the NS platform to digitize their entire process from end to end. A new deal can be underwritten for Fannie, Freddie, or FHA, and then electronically submitted to the chosen agency. The company is working with…

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Apex Mortgage to Implement North Shore Servicing

September 16, 2022
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In a systems-streamlining initiative, Apex has decided to expand its usage of the North Shore platform, and thereby create a straight-through process for its commercial mortgage business by implementing NSS’s recently added loan servicing and accounting module. After implementing the LOS and Asset Management modules, the firm is taking advantage of NSS’s newly developed Servicing…

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Finance of America Commercial Chooses North Shore in Digitization Effort

July 10, 2022
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After extensive search and vendor-evaluation process, FOAC chose NS to streamline and digitize direct private money financing for residential investment properties. After working with other lenders in the SFR space, NSS has built out features specifically for Rental, Fix & Flip, and Bridge loans. The company is building a rules-based, end-to-end process to price, underwrite,…

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Parkview Financial Takes Construction Lending to the Next Level

January 23, 2022
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Parkview is continuing its innovative and progressive ways with the implementation of NSS’s LOS and Construction Loan Administration. The private real estate debt fund, specializing in ground up commercial and residential financing, is incrementally implementing the NS platform with the intent of shifting a primarily excel-based operation to one which allows everything from budget setup,…

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Deephaven Scales Up SFR and Launches Multifamily Program with the North Shore Platform

September 3, 2021
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The non-QM lender is ramping up multiple loan programs, both wholesale and correspondent-based, by implementing the NS LOS and connecting it to all the services they utilize in the process, e.g. Corelogic, through the platform’s extensive library of API’s. This will help them efficiently serve those mortgage borrowers whose independence and entrepreneurial drive are often…

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Ready Capital Advances Digitization Efforts with North Shore

June 1, 2021
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The lending subsidiary of Waterfall Capital takes advantage of NS’s capabilities to capture potential deals early in the sales cycle, thus replacing pipeline spreadsheet tracking with real-time pipeline within NS. The weekly pipeline meetings occur online, with online data that is displayed and updated on the spot as status meetings are conducted with production personnel…

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First LOS to Offer a Connection to New Fannie Mae Salesforce

July 20, 2018
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North Shore Systems the first LOS to formally offer a connection to the new Fannie Mae Salesforce-based deal registration gateway

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Freddie Mac Announces New B2B Deal Sourcing Platform

June 1, 2018
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Freddie Mac builds on its North Shore-powered origination and underwriting platform (referred to as OUS), by announcing its new B2B platform for sourcing new deals from its licensed seller/servicers.

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Web-based B2B Agency Lending Capabilities – Fannie/Freddie Compliant

February 16, 2018
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Bianca Alvarez, Manager of Consulting Services at North Shore Systems, presents the latest in agency lending B2B at The MBA CREF. Alvarez showcased the North Shore lending platform’s ability to underwrite multifamily deals for multiple executions simultaneously. Compliant with Fannie/Freddie programs, a single stream of data produces two different underwriting scenarios that are compared side…

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