Actualize Product Suite Triden Toolkit with TransforM-x

Product Life Cycle What is the Industry Problem Statement How Actualize Solved the problem Resulting Product Suite

What is the industry problem statement… Know Before You Owe Regulation What is the industry problem statement… In 2013 the mortgage industry was faced with a new very impactful regulation issued by the CFPB, Integrated mortgage Disclosure Regulation

Origination was changed forever….. OLD HUD-1, GFE and Til NEW Loan Estimate & Closing Disclosure Forms Borrowers receive a HUD-1 Typically at the Closing table Surprises occur….. Borrowers Receive a Good Faith Estimate Borrowers Receive the Truth in Lending documentation Replaces the HUD-1, GFE and TIL New Timing of forms to be presented to the borrowers 1888 page regulation to review and update policies, procedures, systems and data Investors requiring UCD which is the data set to support the TRID rule.

TRIDen Toolkit w/TransformX Product Lifecycle New Regulation (TRID) Investor Requirements Industry technology outdated Industry MISMO expertise TRID Experience Authored the UCD Specification Creatively put altogether Actualize Imports Data Allows Manual input of data Creates UCD xml file Creates LE & CD Forms Validates to UCD Spec Solution

How Actualize solves the problem… As key consulting professionals for the GSEs (Freddie Mac and Fannie Mae) – Our resources consumed and used the regulations for 3 years As an output of Actualize Resources supporting the GSEs, we found the issues that would be problematic to the industry, issues that might occur when a user is trying to implement the regulation as well as the U-file data set required by investors…. So WE created a solution that provides a user… The ability to utilize the data in which they already had in house through import functions The ability to manually key in the information (all or some) The ability to calculate certain areas of the form; i.e. Projected Payments, Calculating Cash To Close and Fee Section Totals, Loan Calculations. Calculations that would typically cause human error The ability to validate all required information is in the tool; specifically those items key to the GSEs The ability to create the UCD XML file The ability to create the Loan Estimate and Closing Disclosure Forms that are sent to the Borrower in a PDF format The ability to submit the UCD XML file directly to the GSEs

TRIDen Toolkit Provides a total End to End Solution for the large, mid-sized and small lenders Various Implementation Styles (Excel VBA or JAVA Web Application) Each implementation style provides the Forms (LE and CD) AND UCD XML file to submit to the GSEs Upload data or conduct manual data entry or both functions Two levels of Validation; First to the UCD Specification Conditionality and Second to the MISMO Reference model

TransformX Web Service Data Template – to map your information for import Load & Validate Data Create UCD file Submit to GSEs Don’t need the User Interface or to create the form? But you do need to submit the UCD data set to Freddie Mac or Fannie Mae? TransformX CAN consume your data using a template to upload data into the tool, conduct the 2 levels of validation, create the UCD XML file and Submit to the GSEs Actualize supplies the template to clients Validation to the UCD latest specification Validation to the MISMO Reference model xml Schema Direct Integration with FRE, Save capability to submit to FNMA

Strategic Road Map 2017 At a Glance June 2017 – Capability “TRIDen Toolkit for the Web” A capability to support the creation of both TRID forms & the UCD xml file to submit to the GSEs Includes Import, Manual data entry, upload of existing xml files Includes output of UCD file & LE/CD PDF forms Submit directly to Freddie Mac Save capabilities to Desktop or LAN and upload manually to FNMA June 2017 – Web Capability to create the Alternate form & Data Set Current functionality in the TRIDen toolkit VBA Implementation Available in June 2017 for TRIDen toolkit for the web September 2017 – Web Capability to create the Split Disclosure (Forms & Data Set) Current Functionality in the TRIDen Toolkit VBA Implementation Available in August 2017 for the TRIDen Toolkit for the Web October 2017 – Capability to support HMDA that provides a service to consume user data via a template, translate to the MISMO format of the HMDA data values then translate to the final pipe delimited LAR file. On the Web In your infrastructure Year End 2017 – Uniform Residential Loan Application Data set (ULAD & form) Strategic Road Map 2017 At a Glance

Questions? Contacts Heather Kerns – 571-420-4589 hkerns@actualizeconsulting.com