DS News

May 2016 - Walking the Tightrope

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 57 SPECIAL ADVERTORIAL SECTION EXCELERAS LLC 698 VERNON AVENUE » GLENCOE, ILLINOIS 60022 » 847.835.4202 Exceleras.com LENDERS & SERVICERS OUTSOURCERS AGENTS & BROKERS ATTORNEYS SERVICE PROVIDER COMPANY DESCRIPTION Exceleras is a premier provider of web-based automated tools used by mortgage servicers and asset management providers to efficiently manage and value real estate. Located in Glencoe, Illinois, and established in 2006, Exceleras has become one of the industry's fastest growing servicing technology firms in the U.S. Exceleras manages real estate transactions nationwide with a network of preferred partners supplying best-in-class services. KEY PERSONNEL: » » Michael»Harris,»President & CEO » » Amy»Bergseth,»VP, Operations » » Doring»Lloyd,»VP, Business Development » » Phil»Gore,»Chief Technical Officer and Chief Architect » » Dave»Carlson,»Executive Chairman BUSINESS SCOPE: Exceleras enables companies from all parts of the real estate management and disposition business to collaborate effectively, including lenders, servicers, investors, outsourcers, agents and brokers, attorneys, and other service providers. The company targets two customer types: » Established servicer and asset management companies that may be looking for greater flexibility for customization as well as proprietary system integration. » Real estate investors and hedge fund firms that are ready to move toward a web-based, paperless transaction management platform. COMPETITIVE ADVANTAGE: Exceleras uses a true consultative approach to product development and customer service, resulting in an invaluable solution that is intuitive, flexible, and comprehensive across multiple client types. From real estate sales and management to software development, Exceleras combines industry experience that translates directly into products that expedite client processes, ensure compliance, and reduce loss severity. BUSINESS LINES, SERVICES, AND PRODUCTS: » DispoSolutions is an advanced default property disposition tool that offers unparalleled workflow and process customization for real estate portfolios of any size. Its robust task-based system enhances communication between all parties involved in a transaction. » ValueSolutions provides an all-inclusive valuation platform that is simple to use and entirely flexible. ValueSolutions fosters better communication between parties and provides accurate information, as well as unique benefits such as automated vendor payments. » Pre-Foreclosure Management is a platform that provides the banker, investor or servicer the ability to track all tasks associated with pre-foreclosure loss-mitigation. Any borrower communication, property inspection, preservation or valuation can be managed and monitored in one platform. » Short Sale Management allows bankers, investors or servicers to manage all short sale transactions and thus decrease marketing time and cost. The system can be used as a communication portal to quickly and easily access or share information with parties involved in a sale, including agents, attorneys and closing/title companies. » ClearView Offer Management allows buyer's agents and listing agents to submit offers directly to a bank or servicer instead of restricting sales through the listing agent. Sellers gain visibility to all offer traffic, resulting in more offers, less fraud and shortened market time. » Consumer Property Search allows buyers of real estate nationwide to visit one online location for access to a multitude of listing agents and sellers.Vendor Management provides customers with the ability to search a nationwide database of agents, attorneys, title and settlement companies and contractors. "As the market continues to normalize, many are falling into a false sense of security when it comes to default servicing. Delinquency and default and the unfortunate consequences that often follow them, foreclosure and REO, are among the most serious financial risks that servicers and investors face. Fortunately, our experience during the historic foreclosure crisis was a conclusive test for our industry-leading software. We are now the servicer's best defense against loss severity." —Michael Harris, President and CEO, Exceleras Exceleras R

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