Loan origination and servicing software firm Mortgage Builder Software has acquired LXE Software Inc., a provider of CRM and product pricing and eligibility engine (PPE) technology.
Alan Johnson, founder and CEO of LXE, will remain with the company and become a senior executive within the Mortgage Builder management team. LXE's other personnel will also remain on board at the company's offices in Denver.
LXE Software's flagship product, LoanXEngine, combines lead management, product pricing and eligibility, and customer relationship management workflow into a single platform. It will be integrated into Mortgage Builder's new LOS platform, Architect.
‘LoanXEngine is very popular with its users, so we will make sure they can continue to enjoy its superior features with full support,’ says Keven Smith, Mortgage Builder's president and CEO. ‘It's an incredibly dynamic product that brings great value to loan officers on the front end of the mortgage process, as well as to secondary marketing efforts.’