RELAY Loan Origination System

RELAY is the freedom for you and your team to perform at your absolute best; to be mortgage banking professionals rather than government bureaucrats; to be business developers rather than software developers; to produce loans rather than workarounds.

RELAY is the next generation of loan origination system (LOS) technology that provides you with the peace of mind that comes from seamless production and strict loan quality.  Rather than simply survive until the next time, RELAY gives you the freedom to grow and thrive.

What sets RELAY apart?

	Opportunity		Compliance
	Data Quality		Enterprise
	Workflow		Deployment
	The Bottom Line

Opportunity

Blueberry Systems is proud to present its RELAY Loan Origination System (LOS).  RELAY’s use of our Patent Pending ConductorTM technology means that it doesn’t require lengthy and expensive customization to integrate with any number of various software systems.  In fact, RELAY is the industry’s first LOS to seamlessly integrate with one or more unrelated Point-of-Sale (POS) systems right off the shelf.

For example, lenders unhappy with their LOS technology are often afraid to make a change because it usually means having to change the POS system as well.  Many of those lenders are sensitive to their existing loan officer base and their ability to recruit new loan officers.  RELAY resolves this dilemma of pitting the field vs. the front-office.  It integrates and adopts both the User Interface (UI) and the functionality of any given POS so that the loan officer retains the comfort of working in his or her preferred POS while actually working in RELAY. In addition to the obvious improvements in data integrity this creates, lenders can maximize their operations, maximize their sales efforts, and greatly reduce the cost of any re-training.

And because of our groundbreaking technology, we can often install RELAY within our Rapid Implementation Program, right off the shelf.  Not only does this save on the direct costs associated with implementation, but it also saves lenders the unscheduled but very real costs of delayed and problematic implementations.

Data Quality

In today’s difficult economic and regulatory climate, timely and accurate data has become your single most valuable asset.  The quality of your data directly impacts investor and government compliance, user and customer experience, and finally – profit margins.  RELAY uses a revolutionary, and long overdue, data management model.  The universal data model offers the industry’s highest grade of data quality.  Uniquely combining an extensible database, three dimensional integration and a data audit framework, RELAY nearly eliminates data triggered buybacks.

	No more data silos to bridge.  Disparate applications and data literally exist wholly on one platform.
	Single entry.  No more need to re-key data or put data in mislabeled fields, dramatically reducing the risk of user error while increasing efficiency.
	Data exists in different versions of the same loan as it evolves.  Many systems only make available the most ‘recent’ data. In contrast, RELAY allows you to see a side-by-side comparison, in real-time, the various states of a loan as it evolves – and highlights the discrepancies.

Traditional Database of Record	Universal Data Model

Workflow

Innovative technology and an intuitive user interface exponentially increase the effectiveness and efficiency of every user and department involved in the production process.

	One interface.  Third party applications and data are made intrinsic to RELAY.  No more navigating from screen to screen or getting in and out of different systems.
	RELAY includes a dynamic and user-defined business rules engine that automatically enforces business and workflow rules.
	The familiar Microsoft Outlook® style interface offers intuitive navigation and little training.  Most users have literally grown up using it!
	The interface is completely customizable to any department or user.
	On average, a RELAY user enjoyed increased productivity of 18% in processing, 13% in underwriting and 34% in closing vs. their industry peers. (Stratmor Study, December 2010.)

Compliance

RELAY’s data audit framework works in collaboration with our dynamic business rules engine to ensure fulfillment of state, federal, investor and agency compliance requirements.  And it allows you to create sophisticated business processes based on the state and evolution of the data.  RELAY enhances compliance for:

	GFE
	RESPA
	LO Comp
	Lock pricing variances
	Automated Underwriting variances

Enterprise

Blueberry Systems offers an enterprise solution that includes our Software Development Kit (SDK). Among other options, the SDK enables the user to independently add data entry screens and integrate custom programs & functions directly into RELAY.

Deployment

RELAY can be hosted externally in our SAS 70 Type II certified data center or deployed directly to your servers on-site.

THE BOTTOM LINE

RELAY resolves the dilemma of having to choose between an End-to-End solution or Best-of-Breed solution.  They are no longer mutually exclusive. RELAY presents a world-class experience that empowers you, the lender, to focus on what you do best.  RELAY is the freedom to succeed!