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ARCS COMMERCIAL MORTGAGE GOES LIVE WITH NORTH SHORE ORIGINATION SOFTWARE

January 1, 2003
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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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DUS LENDER SUBMITS LOANS TO FANNIE MAE OVER THE INTERNET

November 30, 2002
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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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IMPERIAL CAPITAL BANK IMPLEMENTS NORTH SHORE FOR ALL OF ITS CRE LENDING

October 1, 2002
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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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Lutheran Church Extension Fund to Install Web-Based North Shore Mortgage Origination System

January 1, 2002
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Fund provides real estate development financing to Lutheran Church congregations nationwide Woodland Hills, CA – North Shore Systems, LLC, a leading provider of loan origination and processing systems for commercial real estate lenders and mortgage bankers, announced that Lutheran Church Extension Fund (LCEF) has contracted for a Web-based version of North Shore’s mortgage origination system. With…

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AMI Capital Uses North Shore Commercial Real Estate Lending System to Speed Up Lending Cycle

February 15, 2001
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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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American Property Financing Installs North Shore Commercial Real Estate Lending System

January 5, 2001
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American Property Financing has implemented the Pipeline System from North Shore Systems. The system will automate the whole lending process from origination, underwriting and closing. It will also allow the borrowers and brokers to use an Internet browser to view the status of their loans in the funding process. APF lends across the nation out…

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North Shore Systems, LLC Granted Ownership of Software Jointly Developed

October 20, 2000
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North Shore Systems was granted 100% ownership of the the jointly developed CRE software system. Previously, McCracken Consulting Group, North Shore, originally developed the system with FRC and held re-marketing rights. North Shore Systems and FINOVA Realty Capital of Irvine, CA have consummated an agreement that amends the original contract between the two companies. Originally…

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BayView Financial Implements North Shore’s Commercial Mortgage Pipeline System

August 9, 2000
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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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New Web Enhancements Announced for North Shore Commercial Real Estate Lending System

July 20, 2000
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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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