Brand Mortgage Group Selects Sollen Technologies to Provide Product and Pricing.Lender Online increases mortgage company's efficiency originating loans DALLAS -- Sollen Technologies, an Internet-based application services See ASP and Web services. provider of product, pricing and best execution capabilities for the mortgage industry, has been chosen by Duluth, Ga.-based Brand Mortgage to use its loan pricing and pipeline management tool, Lender Online. The application allows the company's loan officers to sift through thousands of products to determine eligibility and locate the best price, within seconds. Prior to using Sollen's Web-based technology, Brand relied on pricing each investor individually which took more time and could lead to pricing errors. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Stephanie Kennedy, Brand Mortgage senior vice president, ease of use and Sollen's ability to accommodate their needs by adding all of Brand's key investors to their database were the main reasons for selecting the PPE PPE (Brit) n abbr (Univ) (= philosophy, politics, and economics) → Studiengang bestehend aus Philosophie, Politologie und Volkswirtschaft PPE n abbr (BRIT ) (SCOL provider. "We now have a tool that allows our loan officers to receive a price quote in less than a minute," said Kennedy. "Sollen's technology has taken seven steps and combined them into one easy platform. As a result, the borrower benefits from our efficiency and we are confident that we are offering them the best pricing for the loan products available." Sollen's Lender Online tool is a Web-based solution that offers a complete pipeline management system with access to multi-channel, multi-lender data from an easy-to-use interface. Lender Online allows a loan originator Originator A bank, savings and loan, or mortgage banker that initially made a mortgage loan that is part of a pool. Also, an investment bank that has worked with the issuer of a new securities offering from the beginning and is usually appointed manager of the underwriting to verify (1) To prove the correctness of data. (2) In data entry operations, to compare the keystrokes of a second operator with the data entered by the first operator to ensure that the data were typed in accurately. See validate. a borrower's eligibility for products based on their specific needs and can provide real-time fully adjusted pricing. Loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and back office systems can interface with Lender Online using XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. standards. "Brand Mortgage has grown significantly since its inception in 2006 and needed a product and pricing technology that could handle the increased workload The term workload can refer to a number of different yet related entities. An amount of labor While a precise definition of a workload is elusive, a commonly accepted definition is the hypothetical relationship between a group or individual human operator and task demands. ," said Michel Van Hee, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Sollen Technologies. "Sollen's Lender Online provides them with the capabilities to pull pricing from each of their investors instantly, increasing productivity. Our mission is to give originators the ability to position themselves in today's highly competitive marketplace while improving their operations. We look forward to working with Brand Mortgage and assisting them with their product and pricing needs." About Sollen Technologies Based in Dallas, Sollen Technologies is an Internet-based application services provider of product, pricing and best execution capabilities for the mortgage industry. Sollen Technologies' vision is to provide comprehensive products and services that bring measurable value to the retail, wholesale, and correspondent channels. Sollen is a Mortgage Technology Magazine Top 50 Service Provider for 2008 and their innovative technology helps to enhance the relationship between originators and lenders enabling both to effectively compete in today's marketplace. For more information, call 800.582.1074 or visit www.sollen.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion