The Psychology Behind the Recovery

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Th e M Rep o RT | 31 Special Advertorial Section ComplianCe Company Guide Clayton Holdings COMPANY DESCRIPTION ClosingCorp is the leading provider of residential closing cost data, intelligence, and technologies for lenders, real estate professionals, and consumers. It is the only source for actual closing cost data that includes verified rates from more than 12,000 service providers, as well as current recording fee and transfer tax data for every residential property in the nation. ClosingCorp's proprietary database is the foundation of its groundbreaking technologies, which include SmartGFE, SmartGFE Calculator, SmartOrder, and DART. With these solutions, ClosingCorp has proven to help clients dramatically improve productivity and transparency, reduce expenses, stay in compliance, and expedite the closing process. REgulATORY COMPlIANCE Ensuring regulatory compliance is easy with SmartGFE because every loan file comes with the industry's best Compliance Guarantee Certificate, which includes a comprehensive audit trail. The Compliance Guarantee will virtually eliminate any RESPA-related tolerance vio- lations and allow a lender to produce highly competitive GFEs upon first contact with a prospective borrower. In addition, the audit trail captures exactly what happened with each loan file from who requested changes, date of changes, parameters that changed, and any new fee data related to every change. For auditing purposes, this provides a clear accounting of every change in circumstance from initial GFE to HUD-1. BuSINESS lINES, SERVICES AND PRODuCTS SmartGFE Service—Instant access to guaranteed compliant GFE data that's easily integrated with cur- rent workflows and popular loan origination software (LOS) platforms such as Ellie Mae Encompass360, FIS Loan Origination Studio, LPS Empower, Calyx Point, and others. SmartGFE Calculator—Online pricing tool for title and settlement services, recording fees, and transfer taxes. SmartOrder—Automated, online ordering technol- ogy with verified and documented pricing that is fully integrated into the SmartGFE Service. This integration provides consistency of price from initial disclosure to final order and allows for a seamless workflow of data and documents within the LOS platform. Professional Services—Bulk data, analytics, and services to access the richest resource of closing cost and service provider intelligence available today. KEY FEATuRES/BENEFITS • The most comprehensive, accurate closing cost data available including verified rates from more than 12,000 service providers • Precise recording fee and transfer tax data for every residence in the nation • Fast, easy, online access to RESPA-compliant GFE data. • Streamlined pricing process for residential real estate transactions • Data and technology solutions that help lenders improve productivity, reduce expenses, maintain regulatory compliance, and expedite the closing process COMPETITIVE ADVANTAgE ClosingCorp is the only company in the industry that: • Manages current rate and fee data from a vast network of real estate service providers; • Provides precise recording fee and transfer tax data down to the tax jurisdiction level for every residential property in America; • Eliminates the time-consuming need to manage templates and tables; • Uses detailed, localized data to address the most obscure regulatory issues imaginable; • Seamlessly integrates with nearly all popular LOS platforms for an undisrupted workflow; • Backs the accuracy of its data with the industry's most trustworthy Compliance Guarantee to pro- tect lenders from RESPA tolerance violations; and • Designs products so that they can easily accommo- date current and upcoming regulatory changes from the Consumer Financial Protection Bureau (CFPB). ADDED VAluE TO ClIENTS With the CFPB's new rules in place, lenders must focus more than ever on consumer satisfaction and compliance. ClosingCorp's data, services, and products are updated to meet all of the new require- ments, giving its clients one less area of which to be concerned. The breadth and depth of its information also offers lenders an invaluable tool for benchmarking and measuring their service providers. KEYS TO SuCCESS ClosingCorp has a well-defined focus on providing lenders the most accurate and comprehensive clos- ing cost data, intelligence, and technologies to make closing real estate transactions more efficient and transparent. The company provides a more produc- tive, cost-effective way for lenders to obtain current costs from real estate service providers for accurate good faith estimates that ensure RESPA compliance. INDuSTRY AwARDS, ACCOlADES AND MIlESTONES • Mortgage Executive Magazine Top 50 Mortgage Service Providers in America—2013 • Mortgage Technology Top 50 Service Provider—2013 • Mortgage Technology Fix-It Award (Finalist)—2013 • Mortgage Technology Top Service Provider—2011 key personnel Brian Benson CEO Mike Reynolds CFO and SVP Tim Armbruster CTO and SVP Mark Nogaki SVP, Sales Christie Huff SVP, Marketing staffing 50 employees contact information 7817 Ivanhoe Ave. Suite 302 La Jolla, California 92037 Phone: 866.256.7464 Email: web: ClosingCorp

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