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The Bureau Effect: The New Default Process

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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» VISIT US ONLINE @ DSNEWS.COM 55 Property Valuations Index SPECIAL ADVERTORIAL SECTION KEY PERSONNEL Kal Raman CEO Shawn Stone COO Deva Kannan CIO Prem Luthra CMO John Hensely CTO CORPORATE DETAILS: 750 Highway 121 BYP, Suite 100 | Lewisville, TX 75067 COMPANY DESCRIPTION: Solutionstar is a leading provider of technology and data-enhanced solutions to consumers, real estate agents, and companies engaged in the origination and/or servicing of mortgage loans. Solutionstar is host to several exciting technologies which are aimed to address the holes in the current real estate market. These technologies are in front of a rock-solid company infrastructure. With Solutionstar, consumers are given a "one-stop shop" type of atmosphere for real estate. COMPANY HISTORY: Solutionstar was born out of Nationstar Mortgage in 2012. Since that time, Solutionstar has grown a healthy foreclosure auction platform in homesearch.com, generating more than 2 billion dollars in sold real estate over 100 auction events. In recent history Solutionstar has been active in acquiring several key real estate entities in Real Estate Digital (RED) and Title365. Late in 2014, Solutionstar, along with acquiring businesses, also acquired top talent: Jay Gaskill, President of Real Estate Digital, Mark Johnson, formerly Division President of LPS, Eric Swenson, formerly Chief Operating Officer of LPS. Additionally, Kal Raman, former Groupon COO, joined Solutionstar in November 2014 as CEO to lead the development and deployment of new technologies and platforms. REGULATORY COMPLIANCE: Solutionstar Valuations maintains rigorous protocols to ensure continued compliance with all requisite local, state, and federal requirements for the appraisal management industry. BUSINESS LINES, SERVICES AND PRODUCTS: Through the combination of proprietary technology and top industry talent, Solutionstar is able to provide solutions to homebuyers, home sellers, real estate agents, and companies engaged in origination or servicing of mortgage loans. Solutionstar also provides a state-of-the-art real estate auction platform in homesearch.com to consumers. Solutionstar entities. Homesearch.com, Title365, Valuations, and Real Estate Digital allow Solutionstar to transform the homebuying experience through the combination and development of next generation technology. KEY FEATURES/BENEFITS: » Proprietary technology platform and applications » Technology developments for professionals and consumers » Great company infrastructure » Culture built on creating value for our consumers » Company is built on innovation WHAT SETS YOU APART FROM YOUR COMPETITORS? Solutionstar brings the most compelling set of real estate products and technologies under one roof, both for real estate professionals and real estate consumers. Solutionstar combines solid infrastructure, data-security, dynamic technology and mortgage solutions to provide a closed loop solution to the home buying experience. WHAT ADDED VALUE DO YOU BRING TO YOUR CLIENTS? Solutionstar brings an all-in-one real estate solution to the marketplace. Solutionstar services both real estate professionals in a B2B fashion and real estate consumers in a B2C fashion. Solutionstar also brings very accurate appraisals to home auction space. WHAT ARE THE KEYS TO YOUR SUCCESS?: After only two short years, Solutionstar has had abundant success. The combination of acquiring top industry talent, hosting big data solutions, and giving great value to the end consumer are all key contributions to company growth thus far. Solutionstar has also not been shy about acquiring companies they know will help them achieve their end goal of closing the loop on buying real estate. WHAT INDUSTRY AWARDS, ACCOLADES AND MILESTONES HAS YOUR BUSINESS ACHIEVED?: Solutionstar Valuations was chartered 1.5 years ago. To date, the primary goal has been to ensure compliance in association with USPAP, FIRREA, the Dodd-Frank Act, and other relevant industry standards and regulations. Solutionstar provides services to two of the top mortgage originators and servicers in the industry and has responded favorably to all internal and external audits. Nationwide coverage Lewisville, Texas Corporate Headquarters SOLUTIONSTAR

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