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SS&C to support Dougherty Mortgage loan servicing

SS&C Technologies has been picked by  Dougherty Mortgage LLC, a full-service nationwide mortgage banking firm in the US, as a technology and services partner. SS&C will provide cloud-based software and services for loan origination, servicing, asset management, investor reporting, insurance compliance and document management.

Headquartered in Minneapolis, Dougherty Mortgage, together with its affiliates, comprises more than 250 professionals operating from nine offices. Together they provide mortgage banking, brokerage and investment banking services across the US. Dougherty Mortgage originates over $1 billion in real estate loans annually and services more than $7 billion in loans.

SS&C’s integrated offering supports commercial/multifamily loan products and complex investor structures. The solution supports Freddie Mac, Fannie Mae, HUD, CMBS, Construction, Life Insurance Company, and Bridge loans and Participations. Precision LM will provide full loan lifecycle management while AWD will deliver an integrated digital process automation and document management solution. The combination will optimize workflows associated with insurance compliance and other mission-critical loan servicing processes.

“Our goal is to be the leading provider of loan servicing technology to the Agency/Multifamily market by delivering solutions that enable our clients to compete and operate more efficiently in a changing business climate,” said Stan Szczepanik, Managing Director, SS&C Technologies. “We believe that SS&C is uniquely positioned to achieve this via the tight integration of two of our industry leading platforms — Precision LM for commercial/multifamily loan servicing and AWD for business process management.”

“Having one end-to-end system to support our servicing operations was an important consideration in our quest to be a leader in this space,” said David Juran, President of Dougherty Mortgage. “Expertise, customer service focus and commitment to continuous technology innovation were just some of the main reasons we chose to partner with SS&C.”

Dougherty Mortgage is a full-service, nationwide mortgage banking firm, an approved FHA MAP and LEAN lender, as well as a Fannie Mae Delegated Underwriting and Servicing lender, offering a variety of loan products for the acquisition, refinance, construction or rehabilitation of various property types.

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world.

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