IMX Unveils WebPriceXpressSM, A Web Service Giving Lenders Control of Pricing and Programs Through their Existing Website

A new Web service that uses IMXs proven technology along with XML to deliver real-time information.

Houston, TX (PRWEB) August 12, 2005 -- IMX, Inc., a leading provider of technology solutions for the mortgage industry, announced the release of WebPriceXpressSM, a new web service that allows lenders to integrate IMXs patented product discovery, net-adjusted pricing and online locking technology seamlessly into their existing website. WebPriceXpressSM allows the lender full control of their users interactions. The lender can customize the entire workflow and has complete control of the loan and pricing data.

More and more of our Lenders are finding a need for fast, flexible, and inexpensive technology products to keep a competitive advantage, and grow their business," said Michele Buschman, Vice President of Operations with IMX, Inc. WebPriceXpressSM easily integrates with legacy systems, by utilizing XML and MIMSO standards, to provide new functionality quickly to end users. WebPriceXpressSM enables Lenders to eliminate costs associated with creating and maintaining the functionality that is needed to increase efficiency and remain competitive. The Lenders are able to leverage off of an enterprise solution at a significantly reduced cost and time to market," Buschman added.

WebPriceXpressSM supports dynamic price adjustments that are evaluated and applied on the fly," making the pricing engine very flexible. It also provides IMXs valuable product discovery tools, enabling end users to identify partial match" or near hit" details that tell a user what the required loan parameters are for a specific program. The user can then make the necessary changes, if possible, which will make the loan eligible for the selected program, and return the net-adjusted pricing.

WebPriceXpressSM is available as a stand-alone product or in conjunction with IMX, Inc.s other products.

Highlights of WebPriceXpressSM
-- Provides easy access to IMXs proven eligibility and pricing engine as a Web Service
-- Leverages open standards and protocols such as MISMO 2.3.1, XML HTTP and SSL.
-- Provides loose coupling between client and web service, greatly facilitating extensibility and making it possible for either piece to change without negatively affecting the other.
-- Supports dynamic price adjustments that are evaluated and applied on the fly," making the pricing engine very flexible.
-- Provides valuable partial match" or near hit" details that tell a user how the loan parameters can be tweaked, to make the loan eligible for a particular program.
-- Offers lenders complete control of the end user interface, from the beginning to the end.
-- Complete control over loan data from point of entry to end of workflow

About IMX®, Inc.
IMX, Inc., based in Houston, Texas, is a leading provider of software solutions for the mortgage industry. IMX offers a comprehensive suite of workflow tools that enable mortgage lenders and originators to communicate and conduct business quickly and efficiently, online. All the Company's products deliver real-time, fully adjusted pricing to any user with browser access.

IMX is dedicated to helping mortgage professionals apply the efficiencies of Internet technology to their already-existing daily business processes. IMX's innovative and patented pricing technology delivers unmatched product discovery for brokers and retail branches, and advanced web-enabled distribution channels for lenders. For more information about IMX, please visit http://www.imx.com or call (800) 401-4639.

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