MReport February 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

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32 | TH E M R EP O RT SPECIAL ADVERTISING SECTION // E-LENDING GUIDE Nexsys Technologies KEY PERSONNEL Mike Lyon EVP Frank Riviera VP, Product Development Cheri Lines VP, Technology Services Nick Rogiero Director, Operations Renee Alberty General Counsel CONTACT INFORMATION 1054 Woodward Ave. Detroit, MI 48226 Phone: 888.411.7219 Email: Web:, CORPORATE PROFILE Nexsys Technologies is a financial technology company founded by mortgage IT experts to create and deliver innovative solutions for smarter lending processes. The company's core product, Nexsys Clear Path, is the evolution of provider management. As a real-time solution that allows for the management of mortgage-related transactions, orders, provider performance, and service allocations, Nexsys Clear Path is one system to manage millions of mortgage related transactions across thousands of service providers. COMPANY HISTORY Nexsys was established in 2015 by mortgage industry IT experts in response to the demand for a real-time transaction management platform. REGULATORY COMPLIANCE Nexsys Clear Path helps clients stay in compliance with the Consumer Financial Protection Bureau, TRID regulations, and Fannie Mae changes. BUSINESS LINES, SERVICES, AND PRODUCTS By streamlining the real-time exchange of information and status messaging, Nexsys Clear Path 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 • Title/Closing services GEOGRAPHICAL SCOPE AND COVERAGE AREA Nationwide coverage. KEY FEATURES/BENEFITS The Nexsys Clear Path platform operates in real time with interactive tools including: Mission Control, which manages order allocations in real time, Fee Point, to calculate settlement services and governmental fees with a dynamic fee engine, and Metrix for the visibility into order and provider performance. 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 someone becomes a Nexsys Technologies client, they have complete access to the full provider network. Whether they're off-site or at the office, reports are automatically formatted for each client's specific desktop, email, or mobile device. Nexsys Clear Path's interactive tools will also schedule automated delivery-to-distribution lists, so client's don't have to. It's simply easier to use—an overall better and smarter way to get things done. ADDED VALUE TO CLIENTS Nexsys Clear Path is one system to manage millions of mortgage-related transactions across thousands of service providers. The structure of Nexsys Clear Path 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 support and a specialized software development team to make your transition to the platform as seamless as possible. KEYS TO YOUR SUCCESS Nexsys Technologies is always searching for a better way to serve their clients, who are the largest key factors in their success. The Nexsys Technologies team is a group of technology-driven people who love to see their clients succeed. INDUSTRY AWARDS, ACCOLADES, AND MILESTONES • Experienced 234 percent growth in overall transaction volume between 2015 and 2016 • Named a top "Tech 100" company by a leading industry publication in 2016 and 2017 • Cheri Lines, VP of Technology, was named a "Rising Star" by a leading industry publication in 2017

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