Automated Work‐Flow Management for Mortgage Lending
Titan Lenders Corp. intelligent processes are driven by its proprietary technology, Cerberyx, co-developed with eSys Technologies, Rochester, NY (www.esystechnologies.com). Cerberyx is the evolution of a software technology application developed to replace manual processes required to manage the lender’s participation in closing and post-closing functions. As a business solution, the software was developed in the practical laboratory of a closing and post-closing division servicing multiple lenders, investors, and lending business channels. It addresses the needs of all users in the transaction providing accountability, visibility, efficiency and ease of use while never losing sight of the end goal: loan salability.
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About the Cerberyx Platform
Cerberyx is not an LOS. It is an automated work‐flow management system specifically customized to mortgage lending production. It focuses on the myriad of processes and triggers required for quality loan production and delivery to the secondary. Developed in the practical laboratory of a highvolume closing and post‐closing environment, it executes operational efficiencies through accountability and transparency. Flexible to client requirements, Cerberyx cuts FTE requirements in half while enhancing quality production.
- Web‐based information management tool that provides a window to a lender’s entire pipeline
from application through portfolio or sale of the loan in the secondary market.
- Dynamic and scalable requiring no new software or hardware. Customizable views and access at
user level through a robust administrative tool.
- Real time system‐driven management reporting capabilities offers scalability from global to
granular views of loan production.
- Open architecture offers multiple users simultaneous access to functionalities defined by a rulesbased
process engine with adaptive prioritization process triggers.
- GLB compliant system that enhances accountability and productivity.
- “Centerware” capability integrates with existing LOS, doc prep and servicing systems.
- Cuts costs and reduces errors by eliminating multiple data entry, manual notes and inefficient
reporting.
- Efficiencies in managing pre‐closing conditions and stipulations as well as post‐closing issues
through customized, system‐based rules.
- Facilitates the packaging and sale of loans to investors based on lender‐selected criteria.
• Collapses the time for closing and delivery of loans
- Direct to File email and fax communication.
- System driven audit trail provides total transaction history.
- Processing: Controls and views all origination and underwriting activities.
- Underwriting: Views origination documentation and data, manages conditions, communicates
underwriting decisions and status.
- Closing Coordination: Rules based management and assessment of closing process with
customizable global calendar views.
- Vendor Management: Manages vendor selection by service type, geographic location. Orders third
party vendor services from the system. Facilitates vendor response, delivery of product and vendor
assessment.
- Post Closing: Post closing tracking facilitates QA/QC.
- Portfolio Management: Automated bundling of loans and presentation to the investor for audit
and sale online.
- World class hosting infrastructure.
Learn more about our technology.
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