Street Solutions, Inc. (“SSI”) is pleased to announce the immediate availability of real-time transparency for sellers and investors using its Loan Management System seller portal “LMS.Connect”. SSI has successfully integrated with Clayton Holdings LLC's (“Clayton”) loan review and due diligence system, eCLAS, to offer seamless, automated delivery of pre-funding activity.
Available in release 77.6 of the LMS platform, the integration allows SSI clients to automatically send delivered flow loans to Clayton for pre-purchase credit, compliance, and collateral review. Conditions and findings are pulled from Clayton's eCLAS system into LMS through SSI's LoanTalk integration hub, providing both the seller and the investor dynamic insight into all pre-funding activity in the pipeline.
"Next-generation platforms need to go beyond price and lock, and provide investors with management of loan acquisition from end-to-end. Clayton pioneered loan review and due diligence services 25 years ago and has remained an industry leader. We are proud to have them as our first fully integrated vendor to go live in LMS.Connect", said Sundeep Amrute, Principal of Street Solutions, Inc.
In the coming weeks, SSI and Clayton expect to add a number of additional integration features, including the ability for LMS.Connect sellers to upload imaged documents for secure delivery into Clayton's collateral review system, as well as other specialized workflows.
The diligence integration with Clayton is available starting with the c77.6 release of LMS.Connect, and runs in both hosted and client-installed implementations. Please contact your client services representative, or firstname.lastname@example.org, for more information and/or to find out how to enable the integration in your instance.
About Street Solutions, Inc.
Street Solutions, Inc. has been developing, markets and supports technology platforms for secondary loan businesses since 1999. Our systems address the full matrix of mortgage products, with products reaching from loan acquisition and financing through servicer surveillance, securitization, and loan accounting.
Our client roster lists some of the largest financial institutions in the country, including investment banks, hedge funds, and mortgage companies. In addition, we have a close working relationship with over 30 service providers in the mortgage industry.
Additional information is available at www.streetsolutions.com
About Clayton Holdings LLC
Clayton Holdings, headquartered in Shelton, Connecticut, provides information and services that financial institutions, investors and government entities use to evaluate, acquire, securitize, service and monitor loans and asset-backed securities. Clayton offerings include risk-based analytics, residential and commercial loan due diligence, consulting, surveillance and staffing solutions. The company provides customized REO management, BPOs, short sales and Single Family Rental services through its Green River Capital subsidiary. A global reach in the financial services industry is provided by the company’s European subsidiary, Clayton EuroRisk.
Additional information is available at www.clayton.com.
Sundeep Amrute, Principal
Street Solutions, Inc.
2930 Plaza Five | Jersey City, NJ 07311
T: 201.763.9510 | E: email@example.com
Paul Marchese, Sr. Managing Director
Clayton Holdings LLC
100 Beard Sawmill Road | Suite 200
Shelton, CT 06484
P: 203.926.5605 | E: firstname.lastname@example.org