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MortgagePoint April 2025

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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 42 S P E C I A L S E C T I O N BEST IN TECH BEST IN TECH R E C O G N I Z I N G T H E B E S T I N M O R T G A G E T E C H A spen Grove is revolution- izing mortgage servic- ing through seamless technology integration. With almost 30 years of expertise, its innovative, end-to-end Business Process Management (BPM) platform is designed for servicers and subservicers, and includes powerful borrower engagement tools. By standardizing and automating servicing tasks, process breaks are eliminated and daily errors reduced—delivering on its commitment to keeping Mortgage Servicing in Sync. This servicing orchestration platform is the only solution that consolidates borrower engagement, servicing process management, default servicing, and portfolio management into a single interface. It standardizes workflows while enabling no-code configurability, al- lowing servicers to tailor processes to their unique needs. By synchro- nizing third-party applications and closing process gaps, the platform enhances oversight, increases revenue, and optimizes cost control. Aspen is built for scalability, with highly configurable data-mod- elling capabilities that harness advanced AI to drive efficiency and continuous innovation. Its intelligent workflow and automation operate within strict investor guidelines, creating a dynamic, adaptive platform that seamlessly supports servicers. Behind the scenes, pow- erful rules work invisibly to adjust the system in real time—collating essential data, determining the next best action, and automating processes to streamline operations even further. The result is an ecosystem that simplifies complex backend servicing operations while providing configurable digital front-end solutions for multi-channel borrower engagement—ensuring servic- ing just flows. A uction.com is trans- forming the distressed property market through cutting-edge technology, empow- ering sellers and buyers while enhancing market efficiency. The company leads the digital real estate auction space, delivering superior outcomes for homeown- ers, communities, and mortgage servicers. Since its February 2024 launch, Attorney Interact™ has modernized foreclosure data management, onboarding over 1,066 accounts and achieving a 223% surge in status update activity. Remote Bid™ has facilitated over 2,500 property sales and 17,000+ bids since 2020, generating $519 million in winning bids—a 101% year-over- year increase—while enabling $1.7 billion in funding across the platform. The recently launched SmartSale™ merges traditional home sales with Auction.com's auction platform through multiple selling pathways, including the groundbreaking Offer Path. Sellers receive support from both the Concierge Team and local real estate agents while maintaining control over timelines and pricing. With over 533,000 properties sold and $66 billion in transac- tions, Auction.com continues establishing new real estate bench- marks through technological advancement. ASPEN GROVE AUCTION.COM What Sets Aspen Grove Apart: • A unified platform combin- ing borrower engagement, process management, de- fault servicing, and portfolio management • Deep mortgage servicing expertise from a team delivering solutions to the industry for almost 30 years • AI-powered workflow am- plifying servicing efficiency with regulatory and investor guardrails built in • No-code platform that's easy to deploy, configure, and adapt • Seamless API integrations for all service providers and partners • By eliminating errors, daily stress, and inefficien- cies caused by multiple systems, our clients have experienced a 78% boost in productivity aspengrovesolutions.com auction.com What Sets Auction.com Apart: • SmartSale™: Delivers a hybrid selling approach combining full retail market exposure with auction efficiency, protecting homeowner equity through transparent competitive bidding mechanisms not available elsewhere in the industry. • Remote Bid™: Democra- tizes auction participation by removing geographical barriers, creating a more competitive marketplace that increases seller returns while expanding homeown- ership opportunities. • Attorney Interact™: Stream- lines foreclosure processes through automated work- flows and real-time tracking while ensuring compliance with enterprise-grade security protocols.

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