Company Overview of ISGN Corporation
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
Founded in 2007
Key Executives for ISGN Corporation
Founder and Executive Vice Chairman
Compensation as of Fiscal Year 2014.
ISGN Corporation Key Developments
PMAC Lending Services Selects ISGN's Tempo(TM) Default Management Platform
Aug 11 14
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
Jul 21 14
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
Jun 24 14
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.
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