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Special Advertorial Section Ernst Publishing Company CORPORATE PROFILE Corporate Headquarters Key personnel Gregory E. Teal President and CEO Jan Dalton Clark VP, Sales and Marketing Katherine Teal General Counsel contact infor m ation One Commerce Plaza 99 Washinton Ave, Suite-309 Albany, New York 12210 225 S. Cabrillo Hwy Suite-200c Half Moon Bay, Califorinia 94019 Phone: 800.345.3822 Web: ernstpublishing.com Ernst Publishing Company is the leading provider of technology for closing cost data for the real estate and lending industries. Ernst processes more than 120 million guaranteed transactions for GFEs and HUDs, calculating fees for recording and transfer taxes, title and settlement services, inspections, appraisals, and more. As a trusted source, Ernst creates solutions that manage and process all types of fees with unparalleled precision. The company goal is to empower its clients not only to meet CFPB compliance regulations when it quotes fees, but also to set the industry standard for client and borrower satisfaction. Company History Founded by Carl R. Ernst in 1989, Ernst strives to create long-term industry solutions. The company's approach to the marketplace is unique. It actively partners with all facets of the industry to deliver mutually beneficial solutions for all parties; as a result, the company has a history of being recognized for innovative solutions. Ernst's achievements include initiating the first standardized technology system for land recording requirements in 1990 to 2012, being awarded the first patent for technology that monitors and updates fee changes at the loan level. Ernst ended 2012 with winning the prestigious Mortgage Technology 10X Award for having an exponential impact on the lending industry over the past 10 years. Product Solution Obtaining accurate third-party vendor fees for recording, transfer taxes, inspections, lenders' title insurance premiums, owners' title insurance premiums, settlement and escrow fees, appraisals, and miscellaneous fees required when quoting a GFE or HUD has never been more important. Ernst's awardwinning solutions range from custom fee engines and DLLs that reside at clients' locations to mobile, XML, and custom Web interfaces. The company can quote fees today or in the future based upon upcoming changes. Its patented monitoring systems not only alert lenders of fee increases, but also update loans immediately, saving costly errors and time at closing. All of the company's programs are designed to help create a better borrower experience. Geographical Scope and Coverage Area Ernst provides national fee coverage for all of its data. They guarantee more than 6.5 million fees from more than 4,100 recording jurisdictions across the country, including local municipalities. Key features Accuracy, speed, and flexibility best describe Ernst solutions. With guaranteed fee quotes at speeds of less than a quarter of a second and programs housed 38 | The M Report locally on the company's clients' servers or accessed through mobile and Web technology, Ernst's solutions are unparalleled. Clients rely on Ernst not just to deliver accurate fee quotes, but also to make the data accessible in a way that can be easily consumed in their existing environments. competitive advantage Aside from the company's 25 years of recognized industry innovation, awards, and expertise, it stands out as a technology provider because: • XML Requests and Responses are processed in a single request at less than a quarter of a second • DLL Solutions enable clients to store solutions directly on their servers • Custom Fee Engines enable clients to manage their fees, promoting changes instantly • Solutions work seamlessly with clients' internal processes, ranging from customized tables to partner integrations • Customized Web interfaces enable users to design screens to match their processes rather than working with fees that don't apply • Custom solutions are designed to work in PC, Apple, iPad, and mobile environments with uniformity, maintaining Ernst's clients' look and feel regardless of the type of access keys to success Ernst is built on a fanatical dedication to accuracy and its customers; an unwavering commitment to taking responsibility for getting the numbers right, so the company's customers never worry about being wrong or falling out of compliance; a willingness to do what is necessary to continue to lead the industry with superior and innovative products; and a long-term dedication to the industry and to overcoming challenges with better solutions. goals and strategies for 2014 To launch the next generation of tools—this new suite of products will help clients meet and exceed CFPB oversight requirements through continuous customization using mobile technology. Because everyone needs to accomplish the same goals but starts from a different position, Ernst's tools will include the latest in enhanced monitoring, geo-coding, effective dating, and user customization while working with partners to create stateof-the-art solutions for the future. industry awards, accolades, and milestones With more than 15 industry-recognized accomplishments since 1990, Ernst's most recent awards include: »» 2012 – Mortgage Technology 2012 10X Award »» 2012 – US Patent for Innovative Search Technology »» 2013 – Mortgage Technology Top 50 Service Providers