MReport April 2018

TheMReport — News and strategies for the evolving mortgage marketplace.

Issue link:

Contents of this Issue


Page 48 of 67

TH E M R EP O RT | 47 SPECIAL ADVERTISING SECTION CORPORATE PROFILE Nexsys Technologies is a Detroit-based technology company founded by mortgage IT experts to create and deliver innovative solutions for smarter lending processes. The company's solutions bring lenders and providers the network, tools and intelligence they need to make the best possible transactions in real-time. COMPANY HISTORY Nexsys Technologies was established in 2015 to meet the demand for a real-time transaction management platform. That platform, Nexsys Clear Path®, began as a title/closing solution and has since expanded into appraisals and mortgage insurance. REGULATORY COMPLIANCE Nexsys Clear Path helps lenders and providers 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 • Closing services KEY FEATURES/BENEFITS The core aspects of Nexsys Clear Path are Mission Control, which manages order allocations in real time; Fee Point, which calculates settlement services and governmental fees with a dynamic fee engine; and Metrix, which provides visibility into order and provider performance. • Deliver greater visibility and connectivity to fulfill title, closing, appraisal and other settlement services. • Link lender systems to a network of over 52,000 settlement agent subscribers in a collaborative, integrated portal. • Support various integrations in the mortgage origination supply chain: LOS, GSE, MI and more. • Connect using a custom-build integration or secure web portal. GEOGRAPHICAL SCOPE AND COVERAGE AREA Nationwide coverage. GEOGRAPHICAL SCOPE AND COVERAGE AREA Nexsys Clear Path is accessible anywhere through a system-to-system integration or secure Web portal. Integration is only needed once with minimal effort. Nexsys Clear Path users are able to manage providers and allocate orders in real-time and have complete access to the platform's full provider network. Whether you're off site or at the office, your reports are automatically formatted for your desktop, email, or mobile device. Nexsys Clear Path's 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 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, and that philosophy is the largest key factor in their success. Nexsys Technologies thrives on bringing a fresh, client- focused, technology driven alternative for an old- school industry. INDUSTRY AWARDS, ACCOLADES, AND MILESTONES • Nexsys Technologies was named a top "HWTech100" company by HousingWire in 2016 and 2017 for innovation in mortgage technology. • Cheri Lines, the VP of Technology at Nexsys Technologies, won the 2017 HousingWire Rising Stars award given to "entrepreneurs building tomorrow's great businesses." KEY PERSONNEL Michael Lyon Executive Vice President Cheri Lines Vice President of Technology Services Frank Riviera Vice President of Product Development Renee Alberty General Counsel CONTACT INFORMATION 1054 Woodward Ave. Detroit, MI 48226 Phone: 888.411.7219 Email: Web: nexsys teChnoLogIes

Articles in this issue

Links on this page

Archives of this issue

view archives of TheMReport - MReport April 2018