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North Shore Systems
216 Avenida Fabricante, Unit #102
San Clemente, CA 92672
Ph: 949.545.6550
Fax: 949.545.6556
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North Shore Systems is the leading provider Commercial Real Estate solutions, enabling greater efficiency and productivity through automated pipelines. With over 10 years of experience, North Shore offers consulting and implementation services in addition to providing the industry's leading LOS solution. With version for Lenders and Brokers, North Shore is all you need to take your business to the next level.

For press inquiries, please contact Brandon Glessner
Company Press Release Archive 2/15/2001

For more information, contact:
Brain McCracken, President/CEO
North Shore Systems, LLC
Ph: 714-241-0815
Fax: 714-241-7406
AMI Capital Uses North Shore Commercial Real Estate Lending System to Speed Up Lending Cycle

Bethesda, MD - AMI Capital (www.amicapital.com) is going to speed up their lending cycle by 25% by installing the Pipeline System from North Shore Systems. The system, North Shore, automates the whole lending process from origination, underwriting and closing. It will also allow borrowers and brokers to use an Internet browser to view the status of their loans in the funding process.

AMI Capital is a nationwide mortgage lender focusing on loans for multifamily housing communities, office buildings, luxury hotels, industrial properties, retail centers and senior housing. Since its inception in 1990, AMI Capital's portfolio has grown to more than $2.7 billion. Headquartered in Bethesda, Maryland, AMI Capital's product line consists of Fannie Mae DUS, FHA and commercial programs, including conduits and life insurance financing products. AMI Capital's regional offices are located in Alexandria, VA, Atlanta, Columbus, OH, Denver, Kansas City, Los Angeles and Phoenix.

Besides automating the 'backroom' lending process AMI is going to automate the external interfaces to its suppliers as well. Appraisers, Engineers, Environmental and Title information will be supplied over the web. The goal for implementing the system is to get the lending cycle from approximately 60 days down to less then 30 days. The reduced cycle time and the access to the loan status by the borrower will further increase the customer service that AMI is known for. Ultimately, it will give them the competitive advantage to increase their market share of the lending business.

North Shore Systems (www.NorthShoreSystems.com) offers a series of products that automates the commercial real estate financing industry. It offers totally web-based systems that automate the 'backroom' production of lending from origination to underwriting to closing. Furthermore, the systems connect the lender to the rest of the industry such as borrowers, brokers, appraisers, and market information.

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