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All Press Releases for March 24, 2006 Subscribe to this News Feed    
 

IMX Releases Upgrade on Flagship IMX Exchange Product

IMX, Inc. announces the release of a comprehensive upgrade to its patented pricing and search engine technology. This upgrade includes improved system architecture, new product guideline and maintenance tools for lenders, a redesigned broker interface that streamlines the loan submission process, and enhanced functionality that delivers a richer product and pricing discovery experience.

Houston, TX (PRWEB) March 24, 2006 -- Houston based IMX, Inc., a software technology company that serves the mortgage industry, announced the latest upgrade to its flagship product IMX Exchange®.

IMX Exchange is a patented web-based software application that provides a comprehensive suite of workflow tools that enable mortgage lenders and loan originators to communicate and conduct business quickly and efficiently. All the company's products deliver real-time product eligibility, fully-adjusted pricing, and online lock submission to any user with browser access.

"The new interface streamlines the process for loan originators to submit their loan scenarios," said Joe Garcia, Sr. Manager of Customer Service with IMX, Inc. "We listened to our users’ feedback and have incorporated specific enhancements into this release that address their needs. Loan originators now get faster results, fully-adjusted rate tables and detailed rate and pricing information through a single interface with the proven accuracy offered by IMX’s suite of products."

"Investor product guidelines are continuously expanding and in flux. Today’s release addresses this challenge with new tools that greatly speed our lenders’ ability to modify program guidelines and price adjustments through a familiar interface," said Matt Wilkes, Director of Client Services. "Quicker implementation of critical program updates frees our lenders to focus on their core business. Taken together, these enhancements insure the latest programs are available for our lenders’ clients."

IMX Broker and IMX Lender members will automatically have access to the new upgrade.

Highlights of IMX Exchange® Upgrade

 
  • Access to a complete fully-adjusted rate table
  • Enhanced view of all price adjustments applied to a specific loan
  • One page loan scenario view / input
  • Updated program filters that accommodate today’s dynamic loan programs.
  • DU parameters now available for lenders and brokers
  • Support for 40 year fixed rate programs
  • Added Excel-based tool for quick program guideline and pricing updates
  • Added new property types, expanded document types and citizenship types.
  • Server side processing for faster results
  • No additional plug-ins required for browser

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 www.imx.com or call (800) 401-4639.

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Joe Garcia
IMX, INC.
800-401-4639
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