Comergence Launches 5th Generation of Its Software

Comergence, a provider of third party originator and appraiser Safe Act compliance software systems, premiered the fifth generation of its platform today at the 2015 Mortgage Bankers Association (MBA) conference in San Diego.

Comergence provides a proprietary platform with comprehensive, up-to-date database of over 400,000 records on every licensed mortgage originator in the country. Comergence delivers a fast and efficient way for lenders to approve, monitor and manage their relationships with loan originators.

“Comergence is designed to help lenders comply with the Dodd-Frank Safe Act regulations more effectively and efficiently,” said Greg Schroeder, president of Comergence. “Toward that end, the enhancements to our platform increase the software’s efficiencies, and deliver brand new levels of flexibility. We’re particularly excited that our system can now be used with mobile tablets and smart phones.”

Some of the new key benefits of are:

  • More alerts notices are now available that give lenders the ability to manage and identify risks associated with their organization’s risk appetite or policies.
  • A streamlined, intuitive interface provides better navigation, so users of the system are even more efficient and productive with their time.

“These new features and enhancements significantly increase the utility of our product,” said Schroeder. “As compliance demands increase and shift, lenders look to Comergence to keep them up to date and in compliance with regulations related to Safe Act Compliance. This upgrade enables us to exceed our clients’ expectations.”


Comergence Teams with Noted Mortgage and Real Estate Sales Coach Ron Vaimberg

Motivational speaker to conduct educational webinars, training and live events for third-party vendor management company’s customers

Comergence, a provider of third-party vendor management platforms for the mortgage industry, has established a strategic relationship with noted mortgage and real estate industry consultant, motivational speaker and sales coach Ron Vaimberg to provide free training webinars and educational materials as a value-added service for the company’s customers.

Vaimberg is one of the most sought after mortgage trainers in the nation, spending over 150 days a year on the road presenting his success programs.  He works with top sales professionals from some of the nation’s largest real estate franchises, mortgage bankers and national banks.

“Ron’s unique ability to identify his clients’ strengths, weaknesses and untapped opportunities has enabled him to guide them to fast, unprecedented sales growth– and make that process easy,” said Greg Schroeder, president of Comergence. “We’re excited to have him share those skills with Comergence’s customers.”

Comergence Providing Originator Due Diligence for Blustream Lending

Comergence, a provider of third-party risk-management platforms for the mortgage industry, announces that it is now providing its originator screening and due diligence services to new wholesaler Blustream Lending, a DBA of Nexera Holding LLC. Blustream is based in Emeryville, CA. Comergence offers a full suite of hands-on and automated services for mortgage originator, appraiser due diligence and profile surveillance.

Blustream recently began using Comergence’s REALM for Third Party Originators. REALM is a proprietary platform with a comprehensive database of over 400,000 records on every licensed mortgage originator in the country. REALM aggregates critical data such as:  licensing, criminal and civil records, financial sanctions, as well as bankruptcies and foreclosures. Because the REALM platform is updated continuously, clients are able to keep current on the status of their third party originators, helping to ensure compliance with state and federal regulations.

“By using REALM for Third Party Originators, Blustream is streamlining the originator approval process in its wholesale channel,” said Greg Schroeder, president of Comergence. “With REALM, Blustream is also helping to ensure it meets regulatory compliance requirements. We’re very happy to add them to our client base.”

“REALM for Third Party Originators allows us to monitor the activities of our brokers, helping to ensure we’re not missing anything,” said Amit Pall, Vice-President with Blustream. “The service offered by Comergence makes our third party originator approval process much more efficient, saving us time and money.”