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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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(January 2007) – After choosing the software application from North Shore Systems (NSS), Sovereign’s National Commercial Real Estate Group, based in Brooklyn, New York, recently completed their conversion to the NSS web-based commercial real estate lending system, which they will use to originate over $3.5 billion of Commercial Real Estate and Multifamily loans a year.…
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After a long evaluation period, La Salle Bank has engaged North Shore Systems of Irvine, CA to implement a customized version of its commercial loan origination system across multiple lines of business in the U.S. LaSalle Bank Corporation (LBC), the parent company of LaSalle Bank NA (LBNA) and Standard Federal Bank (SFB), is the second…
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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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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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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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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 (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 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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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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