August 28, 2014 8:48 PM ET

Software

Company Overview of ISGN Corporation

Company Overview

ISGN Corporation provides mortgage technology and services for financial institutions, banks, credit unions, and lenders in the United States and internationally. It offers MORvision, a mortgage lending system that automates various activities, from point-of-sale through processing, underwriting, closing, secondary tracking, and delivery; ISGN Diamond that manages the mortgage loan origination process, including documentation and functions necessary to process a loan; ISGN Catapult, a loan origination system; and Gators, a settlement services and vendor management system that automates and streamlines the settlement process from order entry to and product fulfillment through the Web. The com...

600 A North John Rodes Boulevard

Melbourne, FL 32934

United States

Founded in 2007

Phone:

800-939-8258

Fax:

321-255-9366

Key Executives for ISGN Corporation

Chief Executive Officer
Group President
Founder and Executive Vice Chairman
Chief Financial Officer
Chief Operating Officer
Compensation as of Fiscal Year 2014.

ISGN Corporation Key Developments

PMAC Lending Services Selects ISGN's Tempo(TM) Default Management Platform

ISGN Corporation announced that PMAC Lending Services Inc. has implemented ISGN's web-based, end-to-end default management platform, Tempo(TM). In addition to its successful retail and wholesale channels, the fully approved Fannie Mae, Freddie Mac and Ginnie Mae seller-servicer recently launched correspondent and mini-correspondent lending channels. To better support these new ventures, PMAC was in need of a default management solution to cost-effectively navigate markets that are subject to higher delinquencies. Furthermore, the lender recently expanded its footprint into new markets along the East Coast and expects its growth to continue, making it necessary to find a platform to assist in managing its loans with the ability to handle the rapidly changing industry regulations at a lower cost. With ISGN's Tempo, PMAC now has complete insight into their growing loan portfolio. The platform combines automation and vendor management functionality so as to increase productivity while helping to reduce errors and mitigate risk when processing defaulted loans. Tempo offers dynamic, real-time work queues and reportable communication to help all involved parties quickly and efficiently fulfill required steps to complete a loan. The system's loan status reporting dashboard also provides institutions like PMAC a quick and clear picture on how the default life cycle is progressing and the ability to change timeline and reporting inputs as needed.

PrimeLending Selects ISGN Corporation's TCL Residential Construction Loan Servicing Software to Reduce Processing Costs and Improve Efficiencies

ISGN Corporation(TM) ('ISGN'), announced that PrimeLending, has implemented ISGN's TCL(TM) product, an software system developed specifically for servicing residential and commercial construction loans. According to the Federal Deposit Insurance Corp. both residential and commercial construction loan volume is rebounding after a steep decline. As a result of this increased construction lending demand, PrimeLending will leverage TCL to better manage residential construction loans from one streamlined, automated and configurable system, allowing control of the end-to-end management of the entire loan lifecycle.

AnnieMac Home Mortgage Implements ISGN's CFPB Compliance RiskCheck(TM) Product

ISGN Corporation announced that AnnieMac Home Mortgage has implemented ISGN's Consumer Financial Protection Bureau (CFPB) Compliance RiskCheck(TM) to evaluate risk against the CFPB's requirements. AnnieMac Home Mortgage selected the multi-user option under a 12-month subscription, which is renewed annually. Dozens of new CFPB rules have taken effect over the past two years and more changes will continue to be released throughout 2015. ISGN's RiskCheck is the only Software-as-a-Service (SaaS), cloud-based risk assessment tool available in the market at present, and is designed specifically for lenders and servicers like AnnieMac Home Mortgage that are in need of a cost-effective, efficient risk evaluation solution to comply with the new and changing CFPB requirements. CFPB Compliance RiskCheck enables AnnieMac Home Mortgage to utilize a web-based system to conduct an end-to-end review of its policies and procedures. The platform contains a series of approximately 600 questions, which are broken out by three categories -- compliance management, originations, and servicing -- and then by area of risk. The cloud-based self-assessment tool provides several help features including best practice sample answers, live compliance assistance and links to compliance regulations when completing the answers, which are then analyzed automatically using taxonomy in line with CFPB regulatory guidelines to calculate the residual risk. AnnieMac Home Mortgage will be able to generate a detailed report including compartment risk weightings, trends and high risk items, which can then be provided to regulators and to executive management for action plans.

Similar Private Companies By Industry

Company Name Region
SoftSol Technologies, Inc. United States
eMeetingsOnline, Inc. United States
Process Data Control Corporation United States
Global Liquidedge Solutions United States
Useful Utilities, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ISGN Corporation, please visit www.isgn.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.