MReport March 2017

TheMReport — News and strategies for the evolving mortgage marketplace.

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TH E M R EP O RT | 33 SPECIAL ADVERTISING SECTION // COMPLIANCE COMPANY INDEX COMPLIANCE Comergence CORPORATE PROFILE Comergence is an award-winning compliance risk management firm that has specialized in third party due diligence and surveillance for nearly a decade. A SaaS provider of third-party originator and appraiser risk management solutions, Comergence has consistently grown their innovative compliance offerings to address key needs within the mortgage compliance and marketing industry. Addressing areas overlooked by big industry technology providers, Comergence has expanded their original offering to include customer relationship management and social media monitoring. Using the extensive proprietary database from the Comergence core due diligence system, lenders have the opportunity to effectively create and manage wholesale and correspondent relationships using CRM capabilities unique to these channels, or tackle the insurmountable task of monitoring social media activities of loan originators. COMPANY HISTORY Founded in 2007, Comergence began with a single focus of helping lenders automate and streamline third-party originator due diligence processes. Early development of the Comergence compliance- monitoring capabilities grew out of the collaborative efforts of President Greg Schroeder and EVP Michael Stallings, who saw the industry need for improvement in this area. With careful growth and laser-focused innovation, Comergence has evolved into an industry leader that provides award-winning technology solutions. Comergence launched ComergenceCRM in 2016, soon to be followed by their release of Social Media Audits and Monitoring. This latter solution fills a critical need in today's rapidly evolving mortgage digital and social media environment. BUSINESS LINES, SERVICES AND PRODUCTS Third-party Oversight: A comprehensive suite of online tools and services, coupling third-party due diligence with ongoing compliance surveillance. ComergenceCRM: A sophisticated platform that unifies mortgage compliance and sales goals to help grow production by leveraging the industry's most complete originator profile database. Social Media Audits & Monitoring: A leading-edge industry solution that addresses the growing need to monitor social and digital media communications within a regulatory framework. GEOGRAPHICAL SCOPE AND COVERAGE AREA: Nationwide services for lenders, third-party originators, AMCs, and appraisers. KEY FEATURES/BENEFITS Each Comergence product represents a best-in-class compliance solution that meets or exceeds industry and regulatory requirements, as well as providing innovation and cost efficiency to critical areas of oversight. • Extensive database covering 98 percent of all NMLS registered RMLOs • Compliance with government and agency regulatory requirements • On-demand audit reports • Comprehensive document and data record retention • Secure cloud-based systems that facilitates seamless implementation and system management • SOC2 Type 1 Certification • 99.9 percent uptime COMPETITIVE ADVANTAGE Irrespective of size, lenders must comply with increased and ever-changing regulations. Comergence assists lenders of all sizes in navigating today's regulatory environment in a cost-effective and efficient manner by providing innovative technology solutions that help their clients grow their business, all supported by sound compliance and marketing systems. ADDED VALUE TO CLIENTS The Comergence product offering meets critical industry needs that are overlooked by traditional vendors–helping eliminate outdated and manual processes in the areas of 1) third-party oversight 2) mortgage origination CRM and 3) social media audits and monitoring. KEYS TO SUCCESS Comergence builds superior technology that helps lenders and third-party participants manage their regulatory and compliance risk, build relationships, and elevate business performance. STRATEGIES AND GOALS FOR 2017 Launching the industry's best social media service! Comergence has isolated the critical laws, policies, and regulations that impact loan officer social media use; an area of compliance that cannot be overlooked and is high on the regulators' oversight priorities. Building on Comergence's award-winning platform, the Social Media Audits & Monitoring solution combines industry expertise and regulatory understanding with cyber compliance at an affordable price. INDUSTRY AWARDS, ACCOLADES, AND MILESTONES • 2014 Progress in Lending Associations – Top Innovation Award Winner • 2016 Introduction of ComergenceCRM • Summer 2017 launch of Social Media Audits and Monitoring service KEY PERSONNEL Greg Schroeder President Michael Stallings EVP Mike Zastoupil Business Development Manager Tani Lawrence Business Development Manager Lisa Pizula Director of Client Solutions STAFFING 20 employees CONTACT INFORMATION 25910 Acero, Suite 260 Mission Viejo, CA 92691 Phone: 714.489.8860 Email: Web:

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