ACES (Automated Compliance and Evaluation System) Web Audit Technology vs. Nortridge Loan System vs. The Mortgage Office

The technology is very well suited for QC audits. It is also flexible enough to create audits for other purposes within the mortgage industry.

Some areas where Northridge Loan Systems is best suited is for mid to large-sized companies who are handling thousands of loan applications on a day-to-day basis. Since this program has a sizeable IT infrastructure, this software is best suited for companies that have a mid to large-size IT team with scalable infrastructure. I would not recommend Northridge Loan System to smaller-sized companies with a low volume of loans as it can be a mid-complex to manage and maintain when there are other solutions out that cater to smaller businesses.

Incentivized

• Peer comparisons
• Question filtering
• Response resolutions

Incentivized

• It can be deployed in the cloud making it easier to implement.
• There are many different options for implementation in our IT environment including on-prem.
• It can integrate with our Active Directory allowing for easy user management.

Incentivized

• Reporting is through Business Objects, which requires someone proficient in that technology. If ACES could provide more assistance in this area it would wonderful.
• A more detailed user guide. Not all processes are explained well.
• Provide the ability to view updates in a PDF format so that we can review them at one time instead of one item at a time.

• In some instances, we have noticed there are some latency issues when reading and writing from SQL databases as new code bases get released.
• API library upgrades could be tested a bit better in each new release.
• Cloud implementation could be a bit more streamlined.

Incentivized

Similarity. It had better pricing and servicing module.

Incentivized

We chose Nortridge Loan System to handle our loan management going forward to due to the fact that we can implement this crucial business function in the cloud. Unlike Shaw Systems, which is completely on-premise, we have to manage many aspects of this software for the business from servers to segregated networks, and backups to ensure availability. With Northridge Loan Systems being able to be implemented in the cloud, we can ensure higher availability to our loan servicing teams and increased insurance that data will be safe with the DR procedures surrounded in the cloud.

Incentivized

• ACES has assisted in organizing, streamlining and automating our qc processes as well as other required audits.

• One pro to Northridge Loan System is that we can migrate off of old on-premise servers that are out of compliance.
• With Northridge Loan System being compatible in the cloud we can deploy it within AWS promoting for long term scalability
• We are able to manage and organize all loan-related data easily and more streamlined with Northridge Loan System

Incentivized