July 2016 - Lessons Learned

TheMReport — News and strategies for the evolving mortgage marketplace.

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34 | TH E M R EP O RT E-Lending Guide Special Advertising Section Nexsys ® COMPANY DESCRIPTION Nexsys is the evolution of provider management. As a real-time TRID compliant solution for the management of mortgage-related transactions, orders, provider performance, and service alloca - tions, Nexsys is one system to manage millions of mortgage-related transactions across thousands of service providers. COMPANY HISTORY Nexsys was established in 2015 in response to the demand for a real-time transaction management platform. REGULATORY COMPLIANCE Nexsys helps you stay in compliance with the Consumer Financial Protection Bureau, TRID regula- tions, and upcoming Fannie Mae changes. BUSINESS LINES, SERVICES, AND PRODUCTS By streamlining the real-time exchange of informa- tion and status messaging, Nexsys keeps everyone connected and is ideal for: • Settlement services • Lender loan origination systems • Origination services • Appraisal management companies • Attorney networks • GSE integrations • Servicing platforms • Data connections • Flood • Credit • Mortgage insurance • Closing services KEY FEATURES/BENEFITS The Nexsys platform operates in real time with interactive tools including: Mission Control, which manages order allocations in real time; Clear Path, to monitor order lifecycle and share documents in a secure environment; Fee Point, to calculate settlement services and governmental fees with a dynamic fee engine; and Metrix, for the visibility into order and provider performance. GEOGRAPHICAL SCOPE AND COVERAGE AREA Nationwide coverage. COMPETITIVE ADVANTAGE This flexible platform is accessible anywhere through a system-to-system integration, or secure Web portal. Integration is only needed once, with minimal effort, and when you become a Nexsys client, you have complete access to the full network. Whether you're off-site or at the office, your reports are automatically formatted for your desktop, email or mobile device. Nexsys' interactive tools will also schedule automated delivery-to-distribution lists, so you don't have to; it's simply easier to use, fully customizable and a better way to get things done. ADDED VALUE TO CLIENTS Nexsys is one system to manage millions of mortgage-related transactions across thousands of service providers. The structure of Nexsys allows clients to opt for the services they need, without worrying about packaged bundles containing the services that they don't. All clients receive live sup - port and a specialized software development team to make your transition to the platform as seamless as possible. KEYS TO SUCCESS Nexsys is always searching for a better way to serve their clients, who are the largest key factors in their success. The Nexsys team is a group of technology- driven people who love to see their clients succeed. INDUSTRY AWARDS, ACCOLADES, AND MILESTONES • Nexsys has completed over 600,000 orders since its fruition. • Named a 2016 Tech 100 company by a leading industry publication. KEY PERSONNEL John Schaefer Senior Sales Executive Cheri Watts Director of Technology Services John Bateman Software Solution Architect Aadhithya Sridhar Technology Team Leader Ari Mendelson Technology Team Leader CONTACT INFORMATION 1054 Woodward Ave. Detroit, MI 48226 Phone: 888.411.7219 Email: Web:

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