Head of Originations for Agency Lender in New York:
The new North Shore modules allow us to re-engineer everything from the way we screen and quote deals upfront, to the way we compile data and generate documents – even the way we interact with the agencies.
Chief Credit Officer for Portfolio/ CMBS Lender in Boston:
The North Shore system will make our company an even more formidable competitor by making factual presentation easier and business logic clearer. This translates into shorter cycle time for borrowers and superior loan documentation for management and investors.
SVP Commercial Mortgage for Regional Bank in Chicago:
We are on a mission to improve our processing times and eliminate double entry of data throughout our organization. The North Shore system is a critical component of our strategy. We believe the North Shore system will allow us to integrate our processes in ways not possible just a few years ago, and we expect that timeliness and efficiency will be significantly improved once the system is fully operating within our organization.
Linda Hamza, Director of Project Management Office for Luther Burbank Savings:
Luther Burbank Savings reviewed multiple loan origination systems for our income property lending division before selecting NSS in 2016. We required an end-to-end solution built to manage and automate the complex processes required to originate multifamily and commercial real estate lending transactions. From sizing deals and building complex entity structures to providing underwriting automation and customized closing packages, NSS is able to support the entire origination process.
With the adoption of NSS, we have reduced our origination turn times by over twenty-five percent; and by using the file extract and reporting functionality, we have automated our boarding and funding process which has markedly reduced data input errors. We look forward to implementing NSS asset management and portal solutions in 2020.