Clayton Selects Portellus to Enhance Conduit Fulfillment Portal; Solution Enables Conduits to Fund Non-Conforming Loans Faster.IRVINE, Calif. -- Portellus Inc., a leading provider of technology tools and services for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, today announced that Clayton Holdings Inc., one of the industry's largest providers of transaction management, due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , credit risk management, portfolio analysis, compliance and consulting services, has entered into an agreement with the company to enhance Clayton's Conduit fulfillment portal with private-label automated product eligibility, selection, pricing and locking features using Portellus' automated Business Rules Management System (BRMS BRMS Business Rule Management Systems BRMS Backup and Recovery Media Service BRMS Backup Recovery and Media Services ) solution. Together, the solutions will help Clayton clients streamline and accelerate the electronic delivery, due diligence, and processing of loans to the secondary market. Clayton's conduit platform allows sellers to utilize its Web portal See portal. to electronically submit data on individual loans, mini-bulks and forward commitments to Clayton clients to render an automated decision for product eligibility, pricing and locking. "Clayton works with a number of technology partners to customize solutions to fulfill our clients' needs. The selection of Portellus is a great addition to our stable of partners because it combines the powerful decisioning and accessibility of Clayton's Loan Analysis System (CLAS CLAS 1. Cholesterol-Lowering Atherosclerosis Study A study using colestipol and niacin in ♂ with previous CABG surgery 2. Circulating lupus anticoagulant syndrome. See Antiphospholipid antibody syndrome, Lupus anticoagulant. ) and Portellus' BRMS to bring added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
Residing behind the portal solution is Portellus' BRMS, which will enable Clayton's clients to effectively and rapidly manage investor guidelines and rules, as well as create new rules with less technical support. "Portellus is pleased to have been selected for this unique technology project," said John Le, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Portellus Inc. "Unequivocally, Clayton will be a great long-term client and alliance partner to work with." The entire solution is built on Portellus' open Mortgage Solutions Framework that enables the use of service-oriented architecture See SOA. for easy integration and communication with disparate applications and third-party service providers. Portellus will be offering demonstrations of its suite of mortgage technology solutions at the 92nd Mortgage Bankers Mortgage Banker A company, individual or institution that originates, sells and services mortgage loans. Notes: Don't confuse a mortgage banker with a mortgage broker. Association Exposition and Conference in Orlando, Fla., Oct. 23-26, in booth 636. About Clayton Clayton Holdings Inc. brings the most comprehensive set of sophisticated analytic and information-based solutions to clients who buy, sell and manage loans and securities. Clayton's leadership in creating a patent-pending risk filtering process and use of automation and decision support technologies creates dramatic efficiencies and risk mitigation in transaction management and oversight. Clayton's clients include leading capital markets firms, banks and lending institutions, fixed-income investors, security issuers and insurance companies. The company has supported transactions totaling over $2.1 trillion in principal value, monitors $1 trillion (original balance) in securities under management, reviews 1 million loans annually and maintains the performance data on over 4 million loans. Clayton's integrated suite of analytic solutions includes transaction management, due diligence, fixed-income services, credit risk management, compliance software, consulting and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . For more information, visit www.clayton.com. About Portellus With headquarters in Irvine, Portellus Inc. is a leader in the application of Service Oriented Architecture (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) for the mortgage banking and insurance industries. The company's Decision Management Solution, Business Rules Management System, Mortgage Solutions Framework, and Rating and Underwriting Engine seamlessly integrate with existing systems to enable clients to gain competitive advantages, reduce costs, increase profitability, mitigate risk, and quickly launch new products/pricing to penetrate new markets. For more information, visit www.portellus.com or call 949-250-9600. |
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