Post on 13-Jul-2015
mini-Prospectus
Company History and Description 2013 Forecast iServe Culture
2.12.13
“iServe Lending is a Retail only lender. We exist to serve the Retail
channel through our Partner Branch Managers and Loan Originators.
Our Originators serve the Borrower, we serve the Originator.”
– iServe Board of Directors
NMLS: 2914 Intended for licensed mortgage professionals only. Not for public distribution.
Company Description / History
iServe Residential Lending, LLC was established in February 2004
iServe was founded by seasoned lending experts that have weathered
the industry’s challenges to create a stronger, more agile lending platform.
The iServe group is backed by a well-capitalized Wall Street firm, National
Asset Direct (www.nationalassetdirect.com).
2.13.2013
iServe Companies combine these 3 unique divisions:
Mortgage (iSRL) We are a growing, Nationwide Lender with retail locations in multiple high volume markets. Through strategic partnerships our Branching platform offers a unique proposition in the mortgage industry.
Servicing (iSI) iServe Servicing Inc is focused on sub-performing and bank owed mortgages.
REO (iSR)
iServe REO provides customized, full service distressed asset management designed to minimize risk, while maximizing return.
The focus of this mini-Prospectus is our Mortgage Division
- Fast Track Approvals (1-2 days or less)
- Underwriter in your Branch office
- Branch Processor coordinates directly with underwriting
- AUS/Pricing engine at originator’s fingertips
iServe Lending is:
Agile – Focused – Fast
In today's competitive marketplace, an originator needs to respond quickly for their Clients, our platform is designed
from the ground up for Speed!
Company Description / History
2.13.2013 ISRL
“iServe is incredibly innovative. One of the most forward
thinking Lenders in the Industry today”
Company Description / History
ISRL 2.13.2013
Get Connected
Examples:
- LOS and underwriting system is 100% Web Based
- Single database for fast and accurate Branch reports
- Sophisticated analytics utilizing data to drive (BI)
- Individually branded Branch and Originator websites
- CRM / Leads / REO Search database for Branch and Originators
Headlines:
Fourth Quarter Metro Area Home
Prices Show Strongest Performance
in Seven Years -02/13 Press Release
"The highest share of consumers in
the survey’s two-and-a-half-year
history expect home prices to
increase in the next 12 months.”
-01/2013 FNMA News Release (Quotes ours) - Doug Duncan Senior Vice President and Chief Economist of Fannie Mae
Company Description / History 2013 Market Forecast
ISRL 2.13.2013
Refi activity is falling year over year according to the Mortgage Bankers Assoc. of America.
However, Purchase activity is on the Rise!
2012 2013* 2014*
Interest Rates
30yr Fixed 3.7% 4.1% 4.5%
10yr Treasury 1.8% 2.2% 2.5%
Mortgage Originations ($billion)
Res. Purchase 503 592 703
Res. Refi 1,247 818 358
Total % of Refi 71% 58% 34%
- 02/13 “Home sales are on a sustained uptrend, mortgage
interest rates are hovering near record lows and unsold
inventory is at the lowest level in 12 years”
-NAR Chief Economist Lawrence Yun.
iServe Residential Lending Press Release: San Diego, CA - January 23, 2013 - iServe Residential Lending (www.iservelending.com), a mortgage banker and
direct lender, has announced the rollout of their iCare customer service platform.
“Too many of our competitors lose sight of the borrower in today’s mortgage
transactions,” states Doug Wilson, CEO of iServe’s Mortgage Division. “We
want to serve the needs of the borrower and recognize their unique requirements.
It is the borrower’s perspective that is most important to us.”
Wilson further comments that “the loan process reflects a series of relationships,
knowledge, and skill sets applied by a team, all interdependent, with the goal of
serving the borrower. Most importantly, our actions have a direct effect upon the
lives of the borrower. In some cases, it is their first experience in the home buying
or refinance process. For many, it is a defining moment in their lives, in which
iServe participates as a critical link. We treat our clients with the same level of
service and respect that we expect when we are the customer. We never forget that
there is an individual or a family at the end of every transaction. iServe wants our
sales team to focus upon delivering guidance and solutions for our borrowers and
know they are part of a team who has adopted the iCare philosophy.”
Although iServe has always incorporated
this focus, It is nevertheless beneficial to
summarize the process of helping
borrowers in one overriding
philosophy easily stated
and universally understood.”
- iCare Team
Company Description / History 2013 Market Forecast
ISRL 2.13.2013
iServe Culture
2.13.2013
Company Description / History 2013 Market Forecast iServe Culture
ISRL
“We serve the needs of the borrower. It is the
borrower’s perspective that is most important to us”
– iCare Service With this in mind, we begin 2013 with a renewed emphasis on the most important members of the iServe organization:
You and your Borrower
ISRL 2.13.2013
If you are dedicated to growing your Branch in 2013 and beyond, you need these assets:
- Licensed Coast to-Coast.
- Partner in today's Real Estate environment.
- Dedicated Retail Lender.
- Incredible technology : AUS, Pricing Engine, Web-based LOS, Branch Analytics and much more…
- Dedicated Underwriter in your office.
Why should your Branch choose to Partner with iServe?
To learn more, contact: David Haynes Regional Manager 925-640-4671 dhaynes@iservelending.com www.iservelending.com