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36 | Th e M Rep o RT Special Advertorial Section Technology guide Company DesCription Ernst Publishing Company is the No. 1 provider of guaranteed closing cost data for the real estate lending industry. Processing more than 150 million guaranteed transactions annually, Ernst estimates that their services are used in connection with 90 percent of loan originations nationwide. As the industry's trusted source, Ernst creates automated solutions that calculate, manage, and integrate all types of government and third party fees into mortgage lenders' fee management, LOS and closing systems with unparalleled precision. Their goal is to insure clients meet the new 2015 CFPB TRID fee requirements with 100 percent accuracy, at the same time retaining their existing vendor relationships for their title and settlement fees, appraisal, inspection services, and more. Ernst's ultimate goal is the same as the clients': premium borrower satisfaction. Company History Celebrating 26 years and their 1 billionth fee transaction, Ernst is recognized industry-wide for its innovation and dedication to creating long-term industry solutions. Founded by Carl R. Ernst in 1989, Ernst's unique approach to the marketplace has enabled the firm to actively partner with all types of companies across the industry, creating the industry standard. proDuCt solutions Ernst clients can access award-winning, guaranteed fee solutions for recording fees, transfer taxes, settlement and escrow fees, title insurance premiums, appraisal and miscellaneous fees with direct connections to all types of industry providers. Or they can create their own managed vendor networks. Regardless of source, Ernst solutions integrate with nearly every industry fee management system, LOS and closing platform. Products include: • 2015 CFPB Solution Suite: Generates buyer/ seller splits and taxing authorities to the local level, including sub-jurisdiction translation tables. Settlement service fee itemization with everything you need to meet the CFPB's TRID fee requirements. • Smart Query™ Calculators: Guarantees fee calculations for the loan estimate and closing disclosure, accessible via the Web, XML, and client hosted environments. • Cost2Close™: Mobile Application Services: Custom loan estimate and closing disclosure mobile applications enable clients to private label and create their own unique fee programs. • Cost2Close, Patented Monitoring Service: Enables Ernst clients to monitor any fee changes that occur between the loan estimate and closing so they can process change circumstances within 24 hours of a fee increase. • Guaranteed Title and Settlement Agent Service Solutions: Enables clients to create and manage their own guaranteed network of title and settlement service fees based upon their negotiated rates. In addition, live underwriter connections include Stewart, First American, and all Fidelity companies. • Custom Fee Engine Solutions: Provide Ernst clients the ability to instantly manage and promote changes to all of their third party vendor fees and integrate those fees seamlessly into any of their systems. Competitive aDvantage Aside from the company's 26 years' recognized industry innovation, awards, and expertise, Ernst stands out as a premier provider because it delivers: • Unparalleled accuracy for complete buyer/seller split and taxing authority information to the local level, including proprietary sub-jurisdictional mapping for CFPB's TRID requirements. • Complete transaction request and response speeds of less than ¼ second. • Integrations with nearly every fee management system, LOS, and closing platform in the industry. • DLL solutions enabling clients to run and store Ernst programs directly on their servers. • Custom Fee Engines enabling clients to manage their fees, promoting changes instantly. • Customized Web interfaces enabling users to design screens to match their processes rather than working with fees that don't apply. • Custom solutions designed to work in PC, Apple, iPad, and mobile environments with uniformity, maintaining Ernst clients' look and feel regardless of the type of access. keys to suCCess Ernst is built on a dedication to accuracy and great customer relationships. For the last 26 years they have taken pride in helping customers deliver the best products they can to their customers as a result of Ernst's dedication to quality and innovation. And, they intend to deliver the same innovative quality service 26 years from now. strategies anD goals For tHe Future Ernest wants to help clients meet TRID fee requirements with ease through their guaranteed custom fee solutions. They understand that meeting TRID deadlines and requirements is a huge challenge. At Ernst creating custom vendor networks, managing fees with 100 percent accuracy throughout the loan process is what they do every day, all day. Clients can rely on them to manage this CFPB challenge. inDustry awarDs, aCColaDes, anD milestones With more than 20 industry-recognized accomplish- ments since 1990, Ernst was awarded a US patent for Innovative Search Technology and Gregory E. Teal was named a Mortgage Banking Tech All Star. key personnel Gregory E. Teal President and CEO Jan Dalton Clark VP, Sales and Marketing contact information One Commerce Plaza 99 Washington Ave., Suite 309 Albany, NY 12210 225 S Cabrillo Highway, Suite 200C Half Moon Bay, CA 94019 phone: 800.345.3822 web: ErnstPublishing.com Ernst Publishing Company