ARCS Commercial Mortgage Goes Live With North Shore Systems All in One Package

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…

Five More Lenders Choose NORTH SHORE Systems to automate Origination

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…

Imperial Capital Bank Implements North Shore Systems For All Of Its CRE Lending

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…

New Web Enhancements for North Shore CRE Lending System

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…

AMI Capital Uses North Shore Commercial Real Estate Lending System

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…

DUS LENDER SUBMITS LOANS TO FANNIE MAE On The INTERNET

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…

North Shore Systems, LLC Granted Ownership of Software Jointly Developed

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…

Lutheran Church Extension Fund to Install Web-Based North Shore Mortgage Origination System

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…

American Property Financing & North Shore CRE Lending System

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…