Mortgage wholesaler Blustream Lending, a division of Nexera Holding, is now using Comergence's REALM platform for third-party originators.
REALM is a proprietary platform with a comprehensive database of more than 400,000 records on every licensed mortgage originator in the country. The platform aggregates critical data including licensing, criminal and civil records, financial sanctions, as well as bankruptcies and foreclosures. This, in turn, helps third-party originators stay compliant with state and federal regulations.
In a release, Amit Pall, vice president for Blustream, says the platform ‘allows us to monitor the activities of our brokers, helping to ensure we're not missing anything.’
