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58 Loss Mit Tech and Services Guide SPECIAL ADVERTORIAL SECTION ATERFALL W COM ALC. C A&D PROPERTY AMERICA | FANNIE MAE MIHLAR | HUDSON HOLDINGS | MORAN | STERN, LAVINTHAL, | ACCUMATCH BEERS HOUSING LOAN BANK INDEPENDENCE MLG OF CALIFORNIA MANAGEMENT | TEN-X ARMOR CONCEPTS CASTLEOAK ALLEGIANCE BLUMBERG AND CONNECT PRIETO, WOOD Nationwide coverage; United States, Puerto Rico, Guam Grand Rapids, Michigan Corporate Headquarters WATERFALLCALC.COM KEY PERSONNEL Donna Schmidt Managing Director Andy Tabisz Managing Director Brandi Tankersley Account Executive DELIVERY PLATFORM Web Based END-USER CATEGORY » Outsourcer » Service Provider ADDED CLIENT VALUE: WaterfallCalc. com remains abreast of upcoming agency changes, reduces human error in data entry or underwriting, provides complete file, allows for title order, loan modification and subordinate mortgage docs, and escrow analysis to be completed with one system. Minimal training is necessary, as there are also built in training notes to remind the user what to enter in each field. CORPORATE DETAILS: 5035 Plainfield Avenue, Suite B | Grand Rapids, MI 49525 | 616.406.4310 BTankersley@AssistanceOptions.com | WaterfallCalc.com COMPANY DESCRIPTION: WaterfallCalc.com is a compre- hensive loss mitigation decisioning tool that provides a full analysis and recommendation of the best home retention option. WaterfallCalc is cost-effective for even the smallest mortgage servicer. WaterfallCalc.com is a collaboration between DLS Servicing Consultants, LLC and Worksmart Database Masters, LLC. BUSINESS LINES, SERVICES, AND PRODUCTS: WaterfallCalc calculates the best loss mitigation option in compliance with current agency guidelines. WaterfallCalc can be used to determine eligibility for FHA, VA, Rural Housing, Proprietary, and GSE FLEX Mods. The optional features of WFC include printable modification documents, or- dering title, and escrow analysis. WFC also recognizes seasoning eligibility, previous workout prohibitions, and prior partial claims. KEY FEATURES/BENEFITS: WaterfallCalc.com allows users a one-stop shop for processing loss mitigation cases. With full access to submitted files, users can view files in the system at any time after submission. When en- tered manually, each file can be processed in under 10 minutes. Easy import/export of data from your servicing system is available to allow for hundreds of files to be added, with only a few fields needing to be entered manually. This drops the processing time from an aver- age of 10 minutes, to less than five minutes per file. Perhaps the user favorite of all benefits provided by WaterfallCalc, is the option to print loan modification and subordinate mortgage documents. For an additional fee, these documents will auto-populate, so that you can print and record in any jurisdiction. Title and Modifica- tion Document integrations provide a quick step for the user to order these from the site as needed. USER STATS: WaterfallCalc.com can be used in a variety of ways, so our user base varies in every category. Users include State Housing Agencies, Mortgage Servicers and Sub-Servicers, Hometown Banks, and Credit Unions. Even Attorneys in Mediation States can use WaterfallCalc to make on-the-spot decisions, with- out having to refer to the servicer for new underwriting calculations. This is most helpful when the homeowner offers last minute funds, or if given a hypothetical ques- tion. Common example: Will I qualify if Grandpa gives me $10,000 today? Small to mid-sized servicers are the bulk of our users. Because these files can also be outsourced to our processing department, it is often cost-efficient to skip the process of hiring and training additional employees. COMPETITIVE ADVANTAGE: WaterfallCalc is priced on a per-loan basis. With ever-changing policies, servicers of all sizes should be afforded the ability to remain compli- ant without requiring additional employees or high fees. KEYS TO SUCCESS: » In mortgage servicing, new systems are often put into place as a reactive measure to a negative audit or a backlog of files because of efficiency issues. WaterfallCalc.com remains proactive regarding industry changes, so there are no learning curves that increase the likelihood of errors. » WaterfallCalc.com's knowledgeable staff has experience in a broad range of servicing roles. » WaterfallCalc's unwavering dedication to every client, regardless of portfolio size or volume of files submitted, ensures that every user gets the same care from the WaterfallCalc staff. Establishing trust and transparency in a vendor-client relationship is imperative for the success of both parties. » Versatility. WaterfallCalc can be used by servicers in Mortgage Banks, Hometown Banks, Credit Unions, State Housing Agencies, and Attorneys who practice in Mediation States. This requires the WaterfallCalc system to be adaptable with all servicing systems. Processes are easily added to ensure ease of use and quality of results for the specific needs of each user. » Efficiency and Urgency. Immediate decisioning for home retention, with full analysis of all failed options, as well as calculations and summary for the qualifying option. The summary also includes all documentation needed to begin the Trial Payment Plan. » Use of the system is cost-effective, even for the smallest servicers. Per-use pricing, or discounted pricing for large volume. TESTIMONIAL "I am constantly blown away by the knowledge of the Managing Director of this company. WaterfallCalc.com changed the way we ran our loss mitigation depart ment. An audit showed that we were using the incorrect process for our loans in default. WaterfallCalc helped us to catch up on our backlog and spot check files from various investors and insurers to ensure compliance. I would recommend WaterfallCalc.com to any servicer who wants a quick, easy system for choosing the best home retention every time." - WaterfallCalc.com User (Servicer in danger of losing Servicing rights, to Tier 1 status in 18 months.)

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