Compass Analytics, LoanSifter Announce New Secondary Marketing Integration

Posted by Orb Staff on May 18, 2010 No Comments
Categories : Residential Mortgage

Compass Analytics LLC, a provider of mortgage valuation analytics and risk management services, and LoanSifter Inc., a provider of Web-based product eligibility and pricing tools, have integrated LoanSifter's namesake platform with Compass Analytics' CompassPoint.

The new bi-directional integration provides seamless posting of mandatory pricing, configurable margins and loan-level mandatory-best-efforts spread derivation to LoanSifter's product eligibility and pricing platform, while returning real-time lock and pipeline updates to the CompassPoint pipeline analytics platform, the companies explain. The combination of both solutions enables secondary marketing departments to automate and streamline key pricing, locking and hedging functions, they add.

"This relationship allows secondary departments greater control over their pricing and brings immediate visibility to improving pull-through ratios at the loan officer and branch levels,’ says Bruce Backer, president of LoanSifter.

SOURCES: LoanSifter, Compass Analytics

Register here to receive our Latest Headlines email newsletter




Leave a Comment