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Meridian’s powerful Noteminder Loan Servicing product is the recognized software standard for the servicing of non agency backed real estate mortgages (i.e. mortgages not implicitly or explicitly guaranteed by a government chartered mortgage agency such as Fannie Mae, Ginnie Mae or Freddie Mac) owned by a privately-placed MBS entity.  On the investor servicing side, Meridian’s Assignment 506 is the premier investor servicing software solution for privately-placed MBS offerings.  Both software applications were purpose-built by Meridian to automate and streamline all accounting and administration functions associated with privately-placed MBS offerings.  In addition to using these programs itself, Meridian also markets and sells both applications turnkey to independent loan servicing agencies, investor servicing organizations and other non-competing enterprises.