Mortgage Asset Systems, LLC (MAS) was formed in March, 2007 by a group of leading mortgage and technology executives with over 121 years of combined knowledge and experience to meet the growing demand for Reverse Mortgage Origination and servicing technologies. Although there are several companies that provide traditional ("forward") mortgage software, there are limited choices in the reverse mortgage software industry. With a complimentary suite of Reverse Mortgage Services, MAS is poised to help their clients enhance their market share, increase revenue, reduce cost and mitigate risk.
MAS developed RM COMPASS; a pure web-based private label HECM loan origination system (LOS) purpose built for the reverse mortgage professional. MAS researched and analyzed the needs of the HECM industry and then compared that to their knowledge base to provide the most current and advanced functionally available to reverse lending providers. RM COMPASS was voted the Best Reverse Mortgage Loan Origination System by the industry in 2011.
MAS developed a specialized, state of the art, scalable reverse mortgage servicing system (RM NAVIGATOR®) that meets all of the requirements needed to service reverse mortgages and was a key factor in the 'STRONG' rating received from Standard & Poor's. Designed from the ground up for reverse mortgages, the RM NAVIGATOR® system meets all of the requirements of FHA, FNMA and private investors, as well as provides "senior" customers with a user-friendly monthly accounting statement of their reverse mortgage. Custom reporting for Private Investors and Mortgage-Backed Bonds can be easily accommodated. Our system operates in a totally secure and redundant environment on a SQL server.