Brooks Systems Information

Brooks Systems has been a provider of cutting-edge technology for the residential finance industry for over 20 years. Brooks Systems has serviced and supported over 10,000 clients in all 50 states, Puerto Rico and Canada. Brooks Systems provided the Federal Home Loan Bank Board with the first PC module for auditing disclosures in the 12 regions and 39 districts. Brooks Systems also wrote the first reimbursement program for the FHLBB and helped establish disclosure requirements and calculation methods for adjustable-rate mortgages. OUR SERVICES BrooksWebCalcs is our flagship compliance portal that ties together the math and the logic of our compliance services. BrooksWebCalcs provides Truth in Lending (TIL) and TRID disclosures and APR verifications for any loan type. We can calculate all mortgage insurance premiums and provide amortization schedules in just a few clicks Brooks.HCLA is a one-stop automated compliance tool to evaluate loans for compliance with federal, state, local and agency requirements. The flexible XML-based architecture provides virtually limitless integration options with existing LOS and processing systems. Brooks.Math is an application programming interface (API) that takes your loan data and returns the calculated results including not just the APR, but also PMI information, TRID calculations, amortization schedules, payment streams and much more. Brooks.DLL is a powerful mortgage math engine designed to supply all the calculations needed for accurate TIL compliance. With Brooks.DLL embedded into your LOS/POS it allows you to control all the variables and utilize a flexible math tool that can keep pace with changing mortgage instruments. Our proprietary technology incorporates the ever-changing regulatory and market changes as they occur!