Today, most of the lenders use mortgage product pricing engines to increase their ROI. “ Corporate margin is the money mortgage companies need to make on loans to pay the bills needed to run the company and turn a profit. ” To become a successful mortgage lender requires a mastery of setting prices and…
Manually searching for loan products, rates and pricing is slow and inefficient and may result in pricing errors, inaccurate data, or compliance issue. Mortgage lenders can automate this process using PPEs as well as integrate it with their current mortgage process. We take a look at the top pricing engines available for the mortgage industry.…
Advantages of integrating Optimal Blue PPE with Encompass Through seamless integration with Optimal Blue, mortgage brokers and bankers can request a product and pricing decision from their preferred lenders and investors without ever leaving Encompass LOS. Mortgage bankers using Encompass Banker Edition and Optimal Blue can automate their lock requests and confirmations as well as…