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The First LOS to Formally Offer a Connection to the New Fannie Mae Salesforce-Based Deal Registration Gateway

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 the 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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MBA CREF 2017 Exhibitor and Resource Hub Participant

February 19, 2017
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NSS attends MBA’s CREF 2017 conference as an exhibitor and participant in the association resource hub, provided by the MBA, for all attendees seeking information on technologies available for brokers and lenders.

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Lima One Implements North Shore for Front End & Back End Lending Solutions

April 1, 2016
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Lima One Capital, the leader in the fast-growing single-family market, implements North Shore’s front-end and back-end lending solution to drastically expand its internet-based lending module for SFR investors rental and fix-and-flip investors. Both borrowers and brokers can apply, manage their pipelines, digitally submit all required information and documents, and request construction draws on the front…

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CBRE Capital Markets Chooses North Shore for Their All in One Platform

September 9, 2015
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CBRE Capital Markets chooses North Shore as a closing platform for its Freddie/Fannie/FHA business. One of the largest multifamily finance players, CBRE, needed a platform that managed deal fundings against multiple warehouse lines and would allow deals to take one of three paths depending on numerous factors. North Shore Systems provided CBRE one intelligent platform for…

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Luther Burbank Savings Joins the North Shore Systems Family After a Year-Long Deliberation Process

June 24, 2015
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Luther Burbank Savings ends a year-long evaluation of commercial lending systems, crucial to their expansion into multifamily and owner-occupied income property, with its selection of North Shore systems for its LOS.

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North Shore Releases 10.0 Underwriting and Asset Management Enhancements

January 1, 2015
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North Shore Systems is pleased to announce the release of version 11 Loan Origination, Underwriting and Asset Management Models which includes new features and ease of use. Generate CREFC Excel models Easy sizing of loans directly from operating statements Interchangeable excel models which can easily import or export directly out of North Shore Updated Ad-Hoc…

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FREDDIE MAC GOES LIVE WITH NORTH SHORE ORIGINATION SOFTWARE Version 9.1

December 1, 2014
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As Freddie Mac continues to enhance its’ North Shore Systems powered Origination and Underwriting System, they Mac has gone live with version 9.1 of the software. These key enhancements developed by North Shore have provided the Freddie Mac Seller base population with processes that have allowed for gained efficiencies in the areas of: Loan Approval…

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North Shore Releases 8.5 C&I Underwriting Model

March 1, 2014
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Credit Analysis In-Depth Ratio Analysis Risk Rating (Setup your own criteria) Collateral Analysis Multi-Entity Consolidations Global Cash Flow Analysis RMA Industry Comparisons Financial Statements To support your credit analysis, North Shore provides actual, projected and interim statements. Unlimited Balance Sheets Unlimited Income Statements Statement of Owner Equity Statement of Cash Flows UCA Cash Flow Format…

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NORTH SHORE© CRE LOAN ORIGINATION SYSTEM IMPLEMENTED BY FREDDIE MAC’s MULTIFAMILY DIVISION

July 8, 2008
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(June 2008) – After choosing to implement the web-based commercial real estate lending software application from North Shore Systems (NSS), Freddie Mac’s Multifamily Lending Division based in McLean, Virginia, has successfully completed the first phase of their conversion to the North Shore’s lending system, which they will use to source thousands of multifamily loans a…

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