WANTAGH, NEW YORK 11793 U.S. POSTAGE PAID 1220 …€¦ · national, full-service mortgage lending...

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PRESORTED STANDARD U.S. POSTAGE PAID NMP MEDIA CORP. NMP MEDIA CORP. 1220 WANTAGH AVENUE WANTAGH, NEW YORK 11793

Transcript of WANTAGH, NEW YORK 11793 U.S. POSTAGE PAID 1220 …€¦ · national, full-service mortgage lending...

Page 1: WANTAGH, NEW YORK 11793 U.S. POSTAGE PAID 1220 …€¦ · national, full-service mortgage lending firm offering retail, correspondent and wholesale mortgage solutions to clients

PRESORTED STANDARDU.S. POSTAGE PAIDNMP MEDIA CORP.

NMP MEDIA CORP.1220 WANTAGH AVENUEWANTAGH, NEW YORK 11793

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[email protected]

national, full-service mortgage lendingfirm offering retail, correspondent andwholesale mortgage solutions to clientsof varying income and credit types. Thenew facility, which is two miles awayfrom the company’s previous headquar-ters, is a top-floor location. FGMC willoccupy the entire level. The headquar-ters is 60 percent larger than the compa-ny’s previous location, and includesincreased and improved space for tech-nology, collaboration and presentations.

Chief Executive Officer Andrew Petersnotes that the relocation was made nec-essary by the company’s dramatic growthin the past two years, including a 50 per-cent increase in staffing.

“We’ve now established four distinctproduction channels, all of which aregrowing quickly,” Peters said. “We foreseeconsiderable growth in the near future,and are confident it will be sustainable.Quite simply, we outgrew our old facility.”

AllRegs Powers PoliMortgage Group ‘sLending Library Using

Norwood, Mass.-based Poli MortgageGroup Inc. hasannounced that itwill leverage the

AllRegs technology platform to publish,manage and maintain its lending librariesof underwriting guidelines. Poli MortgageGroup will now leverage the AllRegs tech-nology platform and publishing expertiseto manage and maintain its retail andwholesale lending library of mortgageunderwriting guidelines. Users will benefitfrom a variety of productivity tools,including an electronic Table of Contentstree with links to content, guidelines andforms. Content is also accessible through arobust search engine that features a the-saurus with industry jargon and relativematching results. Through the archivingfeature, users will be able to view revisedcontent with the effective date displayedand a shaded background.

“We are excited to help Poli MortgageGroup utilize an innovative and robustresource to publish their guidelines andcommunicate policy and changes, aswell as navigate and search the compa-ny’s underwriting guide,” said DanThoms, executive vice president ofAllRegs. “Poli Mortgage Group’s lendinglibraries will help their staff and partnersalike to streamline business processesand increase productivity.”

In addition, the Poli Mortgage GroupLending Libraries features a RecentUpdates section to announce changes tocontent, as well as E-mail Alerts to notifyusers of changes.

Veros Named MasterDistributor of FreddieMac Valuation Tools

Veros Real Es-tate Solutions

has been named a distributor of the

Freddie Mac Home Value Suite, whichincludes the Home Value Explorer (HVE)and Home Value Calibrator. FreddieMac’s Home Value Suite is a defined setof valuation modeling tools that aredesigned to automate, streamline, andultimately drive down the industry’scost of collateral valuation. The suitewas developed to serve lenders in pro-cessing and underwriting capacities,portfolio managers, quality control pro-fessionals, real estate brokers and WallStreet investors. Veros is authorized todirectly distribute the products.

Freddie Mac’s HVE is an automatedvaluation model (AVM) that incorpo-rates the property data from the GSE’sportfolio of loans, appraisal data fromthe Uniform Collateral Data Portal(UCDP) and data from the GSE’s portfo-lio on the 12 non-disclosure states thatdo not allow public access to this infor-mation.

“We have found the HVE AVM to bean excellent complement to theVeroVALUE AVM in cascade approaches,which are available via our proprietaryvaluation management systems,” saidCharles Rumfola, senior vice presidentof strategic initiatives for Veros. “Weencourage clients to engage in theirown blind AVM tests or utilize the test-ing conducted by industry experts, andthe results of those tests consistentlyshow the VeroVALUE AVM and FreddieMac’s HVE AVM as top performers.”

Global DMS Recognizedby Pennsylvania Governor

Global DMS has announced that it hasbeen named one of five finalists in thestate of Pennsylvania’s inaugural“Governor’s Impact Awards” in the cate-gory of small business impact within itsregion. The Governor’s Impact Awardsrecognizes companies from 10 differentregions throughout the state in five cat-egories: Community Impact, SmallBusiness Impact, EntrepreneurialImpact, Export Impact and Jobs FirstImpact. In the category of SmallBusiness Impact, the award is given to abusiness with under 100 employees thathas been an innovator in its industry,demonstrated revenue/profit growth,expanded its workforce, and been com-mitted to the growth and developmentof its employees and community.

The Governor’s Impact Awards is ajoint effort coordinated by theGovernor’s Office, the Department ofCommunity and EconomicDevelopment (DCED) and the TeamPennsylvania Foundation.

“We are honored to be named afinalist in the small business category bythe judges for the inaugural Governor’sImpact Awards,” said Vladimir Bien-

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RMPath.com

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Wholesale Lending

Correspondent Lending

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WE OFFER EXCEPTIONAL SERVICE AND MARKET - LEADING PRICINGPowerful, Secure, Scalable Loan Origination System utilizing the RM COMPASS Technology Platform

Your direct path to growth in the Reverse

Mortgage market.

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Aime, president and CEO of Global DMS.“Global DMS is a highly entrepreneurialorganization that provides innovativesoftware solutions for the mortgagebanking industry and has built a com-pany that is growing and making a pos-itive impact in our local community.We’re very excited to be recognized byGovernor Corbett for our achievements,commitment to our employees, themortgage industry and the state ofPennsylvania.”

Mortgage Master ExpandsFurther Westward Intothe California Market

Mortgage Masterhas announcedthat it plans to

expand its West Coast geographic foot-print by opening new branch officesand recruiting high quality productionprofessionals. Mortgage Master, whichled the state of Massachusetts in resi-dential loan production in 2012 (bankor mortgage banker), is now focused onleveraging its successful model in theCalifornia market. Ito Rodi, who recent-ly was named branch manager ofMortgage Master’s La Jolla, Calif.branch, will lead the drive to recruitadditional high quality loan officersand increase originations throughoutSan Diego County.

The La Jolla, Calif. branch currentlyhas six actively producing loan officers,including a dedicated team of onsiteunderwriters and processors with 75total years of experience underwritingin California.

“Our expansion plans, which havejust begun in California, have alwaysbeen based on having the highest qual-ity and most experienced mortgageprofessionals in place to lead and driveour growth,” said Paul Anastos, presi-dent of Mortgage Master. “We are confi-dent that Ito’s successful productiontrack record, industry knowledge, andmentoring skills will help us attract topindustry talent, like Brian Wada, byoffering them the opportunity to deliv-er the best possible pricing and serviceto borrowers, while maximizing theirearnings potential.”

ValuTrac and PlatinumData Enter Into AppraisalQuality Partnership

V a l u T r a cSoftware andPlatinum DataSolutions have

announced they have entered into apartnership that sets a new standardfor a single, end-to-end appraisal qual-ity verification and management tech-nologies solution. The companies willintegrate ValuTrac’s ValuTrac Pro, acustomizable appraisal managementsystem, with Platinum’s RealView, aconfigurable appraisal data quality ver-ification technology, to provide mort-

gage lenders and appraisal manage-ment companies an all-in-one solutionfor managing workflow, ensuring com-pliance, and mitigating risk in theappraisal review process.

“ValuTrac is setting a new standardby providing the industry with state-of-the-art, fully customizable appraisalmanagement technology,” said ClintCornett, chief executive officer ofValuTrac. “Platinum is the premierprovider of appraisal verification toolsand a perfect partner for us to furtherhelp our clients mitigate risk in thelending value chain. By addingRealView to our product offerings, wenow offer appraisal management com-panies, banks, credit unions, and mort-gage lenders the industry’s mostadvanced appraisal management sys-tem to help them operate more effi-ciently, enhance customer service, miti-gate risk, and ensure industry regulato-ry compliance.”

ValuTrac Pro is a customizableappraisal management system thatstreamlines appraisal workflow, pro-ducing huge operational efficiencies,while mitigating business risk.ValuTrac Pro customers gain signifi-cant efficiencies with one repositoryfor all appraisals, streamlined web-based appraisal ordering, real-timeappraisal status, automated statusnotifications and appraiser selection.ValuTrac Pro is fully customizable tofit each customer’s specific businessrequirements.

Greg Frost AnnouncesMarketing PartnershipWith focusIT

focusIT Inc. hasannounced a partner-ship with renownedmortgage sales andmarketing guru Greg

Frost, integrating Greg’s sales and mar-keting software, including the ACTion!Marketing System, Daily Communicator,Call Capture Marketing System, andmore, with focusIT’s Pulse productivitysoftware for mortgage originators, pro-viding Pulse users with a comprehen-sive, effective system for marketing,selling and managing loans.

“The way we’ve integrated Greg’s sys-tems into Pulse, we’re offering our cus-tomers a set-it-and-forget-it marketingprogram,” said Josh Bopp, CEO offocusIT. “Greg’s systems literally guideusers with day-by-day instruction andautomation to easily reach prospectsand referrals with consistency.”

Pulse is a Web-based software thatfully integrates into the CalyxPointCentral loan origination system.The seamless exchange of informationbetween the two software solutionsenables users to manage their loans,while also automating sales, production

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