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A complete software solution for mortgage lenders
and brokers
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Table of Contents

• Welcome to Cygnus 3
• Cygnus Benefits 10
• Cygnus Technology 22
• ROI Case Study 27

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Welcome To Cygnus

• 1. Welcome To Cygnus

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Welcome To Cygnus
Cygnus is an internet-based software application
for mortgage lenders and brokers. This solution
manages everything from loan origination to
end-of-year reporting. Cygnus is a complete
solution to run your business, not just another
LOS.
MortgageMethods is a technology provider for
mortgage lenders and brokers. The company
provides software and services maximize
efficiency and profitability.
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Welcome To Cygnus Brokers vs. Lenders
Both mortgage brokers and lenders can use Cygnus
Broker Features Prospect management Origination
Processing Loan Forms Reporting Commissions Accoun
ting Security Alerts Audit Trails Employee web
site LO web site
Lender Features All broker features Underwriting
Closing Post-Closing Program Management Rate Lock
Request / Grant Rate Sheet Management Secondary
market tracking Investor Accounting Broker web
site
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Welcome To Cygnus What is Cygnus?
Cygnus is powerful software for mortgage
lenders/brokers.
Loan Workflow
Back Office
Origination
Security Commissions Accounting Reporting Provider
Mgmt. Audit Trails Email Alerts Company Web
Site LO web sites
Processing
Underwriting
Closing
Post Closing
Secondary
Get control of your business. Save time and
money.
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Welcome To Cygnus How Cygnus Works
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Welcome To Cygnus Proven To Save Money

Cygnus saves money in many areas of business.
Increase Productivity Reduce data entry Increase
accuracy No manual calculations Pipelines show
work to be done Access loan files in
seconds Always know a loans status Decrease
Overhead More email, less paper No IT costs
(servers, etc.) Less people required to close the
same number of loans No more office space for
loan officers (they work at home) Decrease costly
mistakes
Risk Management Prevent incorrect fees/income
refunds Prevent underwriting oversights Prevent
regulatory state agency fines Know your pricing
commitments at all times Avoid investor penalties
re-pricing Reduce time on warehouse line Back
Office Administration Powerful reporting
(real-time historical) Commission plans,
payment, statements Loan pricing and
accounting Scalability (branches, users, loan
storage) Regulatory (HMDA reporting, licensing)
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Welcome To Cygnus Give your customers what they
want
Grow your business with the reputation that you
want!
Honesty, efficiency and reliability!

• Follow standard, accurate processes
• Improve communication information flow
• Make informed decisions with real-time data
• Get loans closed predictably and on time
• Increase customer involvement confidence
• No surprises will keep customers loyal
• Loyal customers will refer new customers

Whether your business is retail or wholesale
Cygnus can give you the foundation for success!
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Cygnus Benefits

• 2. Cygnus Benefits

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Welcome to Cygnus The Cygnus Advantage
Typical Office
Office
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Cygnus Benefits Forms Productivity
Cygnus forms require less time to enter/edit data.

• Form list displays only relevant forms for a loan
  (find/edit forms quicker)
• Easy-to-use wizards to quickly get information
  into the system
• SmartEdit feature - never make the same change on
  two different forms
• Templates virtually eliminate data entry for
  common items such as providers, conditions,
  requests, verifications, fees, etc.
• Single mouse click to set Default values in a
  loan (matching templates are found and imported
  into the loan - no data entry required)

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Cygnus Benefits Workflow Productivity
Cygnus workflow saves time and money every day.

• Find loans fast (pipeline or Find Loan wizard -
  no more missing files)
• Always know a loans status and who is working on
  the loan
• Make informed decisions with real-time
  information and reporting
• Communicate using email alerts, in-loan
  messaging, and loan sticky notes (conversation
  log)
• No more passing the file around anyone with
  internet access and proper security rights can
  get to the file, any time

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Cygnus Benefits Loan Wellness Checking
?
Cygnus will monitor a loan and notify management
when a loan needs attention.
Program Thresholds Minimum/Maximum Loan
Amount Maximum Ratios Credit Score Compliance
Checking HOEPA/TILA Predatory Lending RESPA State
Laws HMDA Licensing Review OFAC Flood Zone
Certification (3rd party compliance engine
required)
Loan Expiration Dates Disclosure Appraisal Lock Ap
proval/Commitment Big Brother Monitoring Monitor
specific loan activity Send email or log loan
events Integrated with wellness checking
threshold, compliance, and expiration events
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Cygnus Benefits Commission Management
Paying commissions with Cygnus takes seconds
instead of hours.

• Define any number of commission plans
• Create flat or calculated commission plans
• Commissions automatically calculated when loan
  closes
• Pay commissions and report on commissions paid
• Loan-level commission adjustments supported
• Commission statements automatically emailed

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Cygnus Benefits Program Management
Truth In Lending Predefined TIL information for
each program (no data entry) guarantees accuracy
of loan
Thresholds Thresholds are verified real-time as a
user edits the loan and warnings notify if the
thresholds are exceeded
Pricing Automated lock management (borrower,
originator, broker, and investor locks supported)
Configuration Define your programs and all
information is automatically populated when the
program is selected
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Cygnus Benefits Robust Reporting
Cygnus offers a simple, yet powerful reporting
wizard to generate any type of report.

• Real-time business, historical/trend, and
  productivity reports
• View/print/email report data in PDF file format
• Export report data in CSV format for accounting
  (i.e. QuickBooks)
• Create new reports real-time to provide the data
  that is important to your management objectives
• Use security to limit user access to any/all
  reports

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Cygnus Benefits Big Brother
?
Monitor specific loan activity using Big Brother
(know about issues before they are a problem).

• Monitor loan events (workflow actions, field
  changes, and compliance warnings) as loans are
  saved
• Send email alerts to selected loan contacts or
  external mail recipients to inform about loan
  progress, changes, and problems
• Optionally write event history to the loan audit
  trail

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Cygnus Benefits HMDA Management
Cygnus manages HMDA data.

• HMDA action and action dates are automatically
  filled in as the loan moves through workflow
• Incomplete HMDA data report shows problems with
  HMDA data
• HMDA Electronic filing report creates a binary
  upload file containing all loan HMDA information
  in the HMDA file format

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Cygnus Benefits License Bond Management
Manage your business licenses and associated
bonds using Cygnus.

• Agency and state licenses supported
• Broker and lender licenses supported
• Track and associate bonds and insurances with
  license(s)
• Annual license renewal reports (expiration
  tracking)
• License numbers stored in company database (never
  need to be entered in loan forms)

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Cygnus Benefits Get Control Of Your Business
Cygnus gives you the information you need to run
your business like a machine!
? Workflow shows loan status (work that must be
done, whos responsible) ? Big Brother
proactively informs of loan problems (email
logging) ? Reporting lets you see the bigger
picture, make better decisions ? Remote access
from work/home, reduce office space needs ?
Security can limit employee access to loans or
features
? Back office features save management
time/follow-up ? Instant IT with no startup cost
or configuration ? Reliable, dependable,
flexible, scalable
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Cygnus Technology

• 3. Cygnus Technology

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Cygnus Technology Client Workstation
Requirements
Workstation Computer

• Minimum 800x600 screen resolution
• Minimum 512MB memory (1024MB recommended)
• Minimum 20MB free hard disk space for Cygnus
  client software
• Internet access (Cable/DSL or faster recommended)

Operating System
All critical and optional software updates must
be installed
All critical and optional software updates must
be installed
PDF Reader
(free download available at www.adobe.com)
Version 6.0 or greater required to view, print
and email forms/reports
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Cygnus Technology - Datacenter
The Cygnus datacenter is powerful and secure
enough to meet your business needs

• Dell multi-processor servers with 4GB memory
• Redundancy (network, power, RAID 5 storage)
• Microsoft Windows Server 2003
• Microsoft SQL Server 2005
• Internet Information Services
• Completely scalable as demand increases

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Cygnus Technology Data Security
Cygnus provides World-wide, secure access to your
valuable corporate data

• Cisco router Fortinet firewall with DMZ
• Private company databases
• HTTPS secure data transfer
• Secure user logons with configurable security to
  prevent/deny user or group access
• Daily backups with off-site backup storage

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Cygnus Technology Software Development

• Microsoft .NET 2.0 technology

Object oriented design, VB.NET
Distributed, scalable architecture
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Cygnus ROI Case Study

• 7. ROI Case Study

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Cygnus ROI Case Study Efficiency Metrics
² Efficiency ² ROI
Without Cygnus
With Cygnus
(monthly average)
(monthly average)
ç More loan capacity
ç Less management
ç Less risk cost
ç Same employees
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Cygnus ROI Case Study Expansion Metrics
² Expansion ² ROI
Without Cygnus
With Cygnus
(adding a branch first year expense)
(adding a branch first year expense)
ç Work at home
ç Data in Cygnus
ç Work at home
ç Existing processors
can work remotely
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Cygnus ROI Case Study - Conclusion
Close more loans and reduce overhead with Cygnus.

• No IT startup costs (internet access required)
• No setup or deployment headaches
• World-wide, 24x7, secure access to data
• Complete workflow from origination to
  post-closing
• Complete back office management with robust
  reporting
• Reduce data entry and editing overhead
• Increase productivity, accuracy, and compliance
• Real-time information for informed decision making

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Find out what the power of Cygnus can do for you!
Visit our web site at www.mortgagemethods.com .