As Fannie and Freddie endeavor to build a more digital loan sourcing and underwriting environment, North Shore Systems has continued to demonstrate its leadership on the vendor side to complement that effort with agency-compliant loan origination and electronic submittal through the respective digital gateways. The North Shore platform captures the data required for both, validates the data according to the multitude of business/underwriting rules, and formats and submits it through API’s provided by the agencies. For lenders selling to both agencies, the platform allows them to originate a loan, compare executions of the deal, and pivot from one to the other with a different workflow and document trail for each.
Why is There Such an Importance of Technology in CREF?
As the commercial real estate industry continues to evolve, advanced technological solutions have become integral to our daily operations. Nowadays,
