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Turning the Tide in Title

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32 | Th e M Rep o RT title Guide Special Advertorial Section CORPORATE PROFILE LenderLive Settlement Services, LLC a wholly owned subsidiary of LenderLive Network, Inc. is a national independent title agent headquartered in Glendale, Colorado. The company provides full-service title and settlement services along with comprehensive vendor management oversight of all third-party relationships for the banking, mortgage servicing, and default industries. It is the company's goal to provide their clients with the confidence that they will meet the new CFBP requirements with no concerns when using LenderLive Settlement Services as their preferred vendor for title and settlement, product management, or vendor oversight. BusInEss LInEs, sERvICEs, And PROduCTs • Full ALTA Title and Settlement Services • Default/REO Title • Foreclosure Commitments • Mortgage Foreclosure Certificates • Deed in Lieu • HELOC • Refinance • Property and Tax Information Reports • Nationwide Signing and Recording Services • Vendor Management Oversight GEOGRAPhICAL sCOPE And COvERAGE AREA United States TELL YOuR sTORY Risk Management is a concern today at all levels within the mortgage servicing industry as banks and nonbanks are under more scrutiny to ensure comprehensive risk management. From three centralized strategic geographic locations, LenderLive Settlement Services provides single- point-of-contact (SPOC) oversight of all third-party relationships involving the critical activities and due diligence for ordering third-party products. With defined roles and responsibilities for overseeing and managing the relationship, we effectively manage risks through documentation and reporting that facilitates oversight, accountability, monitoring, and risk management. AddEd vALuE TO CLIEnTs? Today, up to 50 percent of the information exchanged between the lender and third-party service providers is duplicative. Lenders and service providers exchange documents and manually extract certain information necessary to fulfill each step of the process. LenderLive's solution automates the electronic exchange of both data and documents, to deliver greater accuracy, more efficiency, and ability to scale. LenderLive Settlement Services will provide an XML seamless solution for increased efficiencies, reduced costs and minimized errors by integrating data directly into your workflows. LenderLive will build custom workflows to manage all third-party vendor fees required through a proprietary software solution. kEYs TO suCCEss The strongest differentiator in the real estate closing process is the ability to leverage technology and provide unparalleled customer service tailored to the client's specific needs. LenderLive Settlement Services configures its BPM system to automate the ordering process, develops customized workflow to provide visibility on real-time status and a robust set of reporting/ score-carding capabilities for all third-party vendors, as well as, delivers 'decision-ready' products to reduce the number of touches made by loan underwriting. This creates efficiencies and capacity. dEFInE YOuR COmPAnY's sPECIALTY, ExPERTIsE, And quALITY COnTROL InITIATIvEs. LenderLive Settlement Services can scale its operations rapidly to meet your specific business needs in a timely manner. They accomplish this through a proven blend of: • Experienced management • Focused, well-defined job functions that provide quick recruiting, training, management and labor deployment • Scalable processes and technology AddITIOnAL InFORmATIOn TO shARE It is critical to employ the most updated technology around GFE compliance by subscribing to the most comprehensive, current and accurate information available for generating fees for GFE and HUD documentation. LenderLive Settlement Services includes an integrated pricing calculator for all third-party vendor costs (credit, flood, appraisal, title search, title premium, closing fees, recording fees, etc.). This allows borrowers immediate access to all fees associated with a loan, not just the lender portion of the transaction, simultaneously anywhere in the country. key personnel Rick Seehausen CEO, LenderLive Network Joe Mowery President, LenderLive Settlement Services Larry Hudnall SVP National Sales, LenderLive Settlement Services Deb Holm VP Client Relations, LenderLive Settlement Services staffing 650+ employees contact information 710 South Ash Street Suite 200 Glendale, Colorado 80246 800.891.2281 lenderlive.com LenderLive

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