Overview

Versatile - Flexible - Dynamic

 

OpusFirst is Opus CMC’s proprietary Due Diligence engine. Opus’ many skilled mortgage professionals, in conjunction with our talented Information Technology staff, spend countless hours developing OpusFirst with the clients needs in mind: flexibility with adding client-specific requirements, complete and accurate data capture, adaptable and real-time reporting, accurate compliance results and secure data delivery.

 

 

Compliance

 

The OpusFirst compliance engine integrates all federal, state and local compliance tests, including:

  • Federal, State and Local Predatory Lending Thresholds
  • TILA, APR and Finance Charge Tolerances
  • Right of Rescission Verification
  • Compliance Document Reviews
  • Fannie Mae Requirements

Every loan reviewed with OpusFirst receives a complete compliance QC, including HUD-1 points and
fees re-verification.

 

 

Credit

 

OpusFirst was engineered with logic to assist in ensuring the accuracy of data. These automated rules can be tailored to a client’s request. A QC of every credit event level 3 is completed by the lead or transaction manager as well as all Event Level 1 & 2 loans to ensure that there is no unidentified risk.

 

 

Reporting

 

One of the greatest strengths of the OpusFirst system is reporting capabilities. Designed for adaptability, OpusFirst enables detailed information to be dispensed as requested and customizable to the specific needs of the client.

 

 

Data Security

 

Information security is a top priority for Opus CMC. Technological and procedural safeguards are in place, ensuring maximum privacy and security requirements.

  • Secure Sockets Layer (SSL) Certificates (provided by VeriSign, Inc.) data encryption
  • 128 bit encryption
  • VPN Firewall Protection
  • One way password encryption
  • Scheduled security assignment audits
  • Email encryption