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DS News June 2018

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

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52 SPECIAL ADVERTORIAL SECTION CYPREXX SERVICES, LLC 877.339.8202 Cyprexx.com COMPANY DESCRIPTION Cyprexx Services, LLC is national field service company providing a full suite of property preservation, repair and inspection services to some of the largest servicers, brokers, financial institutions, government-sponsored enterprises, and asset management companies. Cyprexx's core competency in vendor management coupled with its proprietary technology platform position the company to effectively scale its solutions to each client's needs. Cyprexx is a trusted, financially stable partner. KEY PERSONNEL » » Ed»Mullen,»CEO » » Tony»Maher,»Director of Business Development » » Adam»Palmer,»Director of Property Preservation Operations » » RJ»Ory,»Executive Director of Repairs and Products » » Lynda»Green,»Director of Client Services STAFFING 360 GEOGRAPHICAL SCOPE AND COVERAGE AREA United States, Puerto Rico, Guam BUSINESS LINES, SERVICES, AND PRODUCTS » Inspections » Property Preservation » Repairs » REO Initial Services & Maintenance » Utility Management » HUD Conveyance Preparation » VPR » Invisiboard – Clear Boarding system » RailKit systems » Lockwise – Digital Entry Management system REGULATORY COMPLIANCE Cyprexx monitors changes in regulations through multiple sources and maintains compliance with municipal code changes, property registrations, and other areas affecting the preservation and servicing industry. KEY FEATURES/BENEFITS » Full-service default provider » More than 25 years of experience » Customer service-focused » New product innovator » Proprietary technology–flexible solutions » Ease of doing business » Quality Focused » Focus on Data Security and Regulatory compliance COMPETITIVE ADVANTAGE In addition to providing excellent service in the property preservation space, Cyprexx is continu- ously bringing innovative products to market. Cyprexx has partnered with Prempoint Inc. to bring a Bluetooth Lock and Entry Management System to the property preservation space. Prempoint Inc. is an Internet of Things (IoT) company changing the way people share and access connected technologies. This system solution replaces the traditional lock with a web module, APP and Bluetooth smart device. No more key issues or rekeys when a property is sold. The web reporting and tracking capability enables entry control of any vendor servicing a property, and the strengths of this technology are that it controls who enters the property, when they are there, and tracks how long they remain inside. The technology will facilitate interaction with vendor background information, ensuring vendors are in compliance every time they enter a property. The competitive edge in today's marketplace is full entry control of the property, the elimination of keys and all the issues and risks associated with key access. Some»of»the»major»pain»points»in»managing» property»access»are: » Not knowing the who, when, and how long vendors are at a property » Lost or copied keys that incur rekey costs and security concerns » Travel time and costs for agents to allow prospective buyers into a property The»competitive»edge»Cyprexx»and»Prempoint» bring»with»this»technology»is: » All-in-one access: Resident, showings, and vendor maintenance » Simple to manage: Prempoint and a Cyprexx smart lock . . . that's it! » Support for RFID smart cards as a secondary access credential » Patent-pending "Social Entry Point Control System" In addition to the entry management program described above, Cyprexx introduced InvisiBoard in 2014 as an alternative to plywood boarding and its Patented Installation system is flexible to various boarding conditions and not visible from a street view, adding to its impact in helping to reduce neighborhood blight. Cyprexx also introduced RailKit, a self- assembly, finished aluminum safety rail introduced in 2015. It is helping to reduce neighborhood blight by offering an attractive alternative to the various, and often unsightly, wooden handmade models currently in the field. KEYS TO SUCCESS Cyprexx is a client-centric company and teams are established at the client level, providing tailored, dedicated specialists to a client's portfolio. As such, clients always speak to the respective parties managing their assets. Cyprexx makes it easy to do business and is consistently acknowledged by clients as the easiest company to work with amongst its peers. Its proprietary technology platform and in-house IT division provide Cyprexx with the flexibility to meet clients' needs. Cyprexx has a relentless pursuit of quality, compliance focus and holds data security as a priority.

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