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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After choosing the software application from North Shore Systems (NSS), ARCS Commercial Mortgage, the country’s largest Fannie Mae DUS lender, is using North Shore’s web-based commercial real estate lending system to originate over $3 billion of multifamily loans a year. Soon, over 80 originators, analysts, and processors in the company’s seven nationwide offices will access…
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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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In its third year of marketing its state-of-the-art loan origination and portfolio analysis system, North Shore Systems has signed up five new customers over the past three months. Recently procuring the system was:Jackson Federal Bank, Brea, CALegg Mason Mortgage Corp, Baltimore, MDChurch Development Fund, Anaheim, CAJohnson Capital, Irvine, CANetwork Bank USA – Los Angeles, CA…
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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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BayView Financial Trading Group, a Miami-based investment firm specializing in the mortgage banking industry, has recently installed North Shore’s Pipeline system for the origination of commercial mortgage loans. BayView specializes in non-conforming loans and recently announced its 10-Day Quick Closing program. “The North Shore Pipeline system fully integrates the entire “cradle to grave” functions needed…
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Imperial Bank’s Express (ICE) operation, which originates multifamily loans in 20 days, is now powered by North Shore System’s cre loan processing system. The system facilitates electronic loan submission and origination over the web, as well as the underwriting and closing of loans. The twenty-day loan approval cycle they have achieved with North Shore is…
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North Shore Systems has taken its system to the next level with a new set of web-based functions for its North Shore enterprise system. The system has been web-enabled from the beginning, to facilitate remote origination, and has been used by its sponsor client FINOVA Realty Capital over the last three years to originate more…
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AMI Capital (www.amicapital.com) is going to speed up their lending cycle by 25% by installing the Pipeline System from North Shore Systems. The system, North Shore, automates the whole lending process from origination, underwriting and closing. It will also allow borrowers and brokers to use an Internet browser to view the status of their loans…
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It has been a goal of the commercial real estate lending industry to be able to electronically ‘connect the dots’. In other words, a lender wants to be able to electronically interface with originators, third parties, and the GSE’s. A significant portion of this goal has now become a reality. ARCS Commercial Mortgage can now…
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