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MortgagePoint March 2024

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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 10 March 2024 M T E C H receive a notification indicating the prod- uct for which the property qualifies. Xactus Appraisal FirewallX valuation solutions can assist with the following: » Value acceptance + property data: This new process extends an apprais- al waiver as long as property data is gathered by a vetted and trained third party and a floor plan is delivered to Desktop Underwriter. » Hybrid appraisals: This new process requires a vetted and trained third party to inspect the property and gather data, including a floor plan, and deliver it to a licensed appraiser for a desktop appraisal. Xactus has more than 6,500 clients ranging from the largest bank and nonbank mortgage originators to credit unions and mortgage brokers. With eight operation centers across the United States, Xactus collaborates with its clients to digitally integrate a 360-degree approach to verification across their workflows. BLUE SAGE LAUNCHES DIGITAL SERVICING PLATFORM B lue Sage Solutions, a provider of cloud-based lending technology, has announced the launch of the Blue Sage Digital Servicing Platform (DSP), enabling lenders to utilize a fully integrated platform covering the entire mortgage lifecycle. The initial version of the system includes all necessary functions to perform interim servicing, with full-scale servicing functionality to follow. The Blue Sage Digital Servicing Platform utilizes API-based technology that merges loan origination and ser- vicing functions seamlessly and is fully compliant. The platform is not only for users of the Blue Sage Digital Lending platform, the company's end-to-end, cloud-based loan origination system. All lenders, regardless of their current LOS, can use it to effortlessly automate closed loan transfers, process individual and batch payments, onboard loans, collect payments, and more. The Digital Servicing Platform modernizes servicing operations, reduces costs, and enhances borrower retention. Utilizing the same trusted technolo- gy and architecture as all Blue Sage offerings, the platform offers a modern, user-friendly system accessible via any browser enabling an optimized borrower and lender experience. The full servicing version of the Blue Sage Digital Servicing Platform will include expanded functionality such as investor reporting and default manage- ment, providing lenders and servicers with a continually evolving platform ca- pable of adapting to their growing needs and industry demands. "We are thrilled to introduce a truly innovative, digital, cloud-built servicing platform that we expect will transform mortgage servicing operations as we know it," said Carmine Cacciavillani, Founder and Chairman of Blue Sage Solutions. "This groundbreaking achievement personifies our commit-

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