TheMReport

MReport October 2019

TheMReport — News and strategies for the evolving mortgage marketplace.

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48 | M R EP O RT SPECIAL ADVERTISING SECTION: BEST IN ORIGINATION GUIDE ALTISOURCE ® KEY PERSONNEL John Vella Chief Revenue Officer Justin Vedder SVP, Enterprise Sales Phil Huff SVP, Mortgage & Real Estate CONTACT INFORMATION 860.432.5858 Altisource.com Info@Altisource.com COMPANY DESCRIPTION Altisource offers access to mortgage and real estate solutions that help drive results. By combining industry best practices with leading-edge technology, Altisource delivers innovative approaches to help mitigate risk in an ever-changing environment. KEY FEATURES & BENEFITS Altisource is a leader in providing services and tech- nology for the mortgage and real estate industries. With innovation as a guiding principle and a focus on compliance and exceptional service, Altisource provides a suite of customizable solutions that can help you automate and streamline processes while reduc- ing your overall origination costs. From processing to closing, Altisource leverages its global workforce to help your business grow. Altisource's origination solutions include appraisals and valuations, mortgage fulfillment, insurance and risk management, title and settlement, and construction and vendor management. Altisource's origination fulfillment solutions provide both manual and web-enabled solutions. The com- pany's teams can work directly in your LOS, providing a branded extension to your workforce. This allows Altisource to use your technology and work within your system to help alleviate any interruption in your day-to-day processes. Altisource can also automate many routine tasks through the deployment of its web-enabled Trelix TM Connect platform. Altisource's suite of products can help you do more by reducing costs, growing product set, and improv- ing execution. • Lower Costs: Save 30% per originated loan with Trelix, which connects with 300-plus mortgage banking lenders every day and helps mitigate risks, increase efficiency, and reduce costs.* • Manage Risk: Insure pools of loans with CastleLine ® Certified Loan Program that helps protect customers from losses arising from loan manufacturing defects and more with $150-plus billion insured to date.* • Increase Closing Efficiencies: Premium Title™ helps you close loans faster and helps reduce exposure to risk with 99.3% of transaction disbursements completed within one day of funding.** • Chose Alternative Valuations: With Springhouse ® , solve complex and alternative valuation requirements with 3.7 million valuations to date.*** • Simplify Construction Lending: Construction Title Pro ® , powered by Premium Title and Granite Risk Management™, built to standardize order placement, expedite delivery, and simplify status tracking that can result in cost savings of 30%. • Mitigate Third-Party Risk: Overseeing 55,000 vendors annually, Vendorly ® can help you manage increasing regulatory requirements with their suite of services to streamline due diligence, document maintenance, third-party monitoring, and audits. COMPETITIVE ADVANTAGE • An end-to-end solution: Work with one vendor throughout the origination process to help increase productivity and reduce costs. • Customizable options: Origination solutions that work the way you do with variable pricing options to help reduce your fixed costs. • Faster turnaround times: Altisource's global workforce is available around the clock to help you be more efficient. • Breadth of network: A unique suite of complementary solutions and services with the ability to leverage your relationships to help maintain current best practices and industry knowledge. • Vendor management platform: Our proprietary software, designed by experienced mortgage professionals and supported by an internal team with CMB, CTPRP, CISA, CRMA, and CRVPM compliance designations. ADDED VALUE • Nationwide footprint with expertise across state lines to help support your business needs • Assembly-line approach to manufacturing loans with several quality checkpoints helps ensure that each component aligns with the client's process • Works in the background while your staff has more time to build relationships KEYS TO SUCCESS Altisource works closely with you during implementa- tion to understand your business processes and help offer the right combination of services for you to grow your business. AWARDS & ACCOLADES • Premium Title has the highest Morningstar ranking of "MOR RV1 residential-vendor title insurance." • Springhouse Valuations has the highest "Morningstar ranking of MOR RV1 residential- vendor asset valuation." • Trelix is an approved third-party due diligence provider for U.S. residential mortgage-backed securities by Standard & Poor's. • Vendorly is a 2018 HousingWire Tech 100 winner for their SaaS-based third-party risk management oversight platform. * As of March 2019 ** Average clear-to-close turnaround time was three-and-a-half busi- ness days for active clients who closed more than 25 files in one or more months during January 2019–March 2019. *** January 2012–March 2019

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