North Shore for Servicing, designed for use by both direct lenders and correspondent servicers, is a comprehensive software package providing capabilities to fully automate the commercial mortgage and construction loan servicing, and real estate asset management.
The North Shore system offers the latest technology, the widest array of features, and the most flexible architecture in the industry. It supports virtually all types of commercial credits, commitment structures, and contra accounts.
North Shore provides many administrative, storage, and report/document generation features above and beyond standard servicing functions such as payment process and financial statement tracking. This allows more to be done in one place, on one system. In fact, the front-end, loan origination process can be seamlessly linked to the servicing system by implementing North Shore's loan origination module as well.
North Shore for Servicing and Asset Management has much to offer in the way of Risk Management, with powerful , embedded Rules Engine, Reporting Engine, and Ad Hoc Query tool. North Shore's state-of-the-art relational database offers 100% data transparency and access, making all information readily available, viewable, and extractable.
Servicing Module components: |
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Automated Loan Boarding/Import |
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Borrower, Relationship and Commitment Tracking |
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Loan/Note Administration |
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Escrow Administration |
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Contact Log and Tickler |
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Document Generation and Management |
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Business Rules Engine |
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Asset Administration |
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Import/Export Module |
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Reporting Engine and Ad Hoc Query tool |
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Investor Reporting and Cash Management |
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