Secondary managers and originators tell us that they are looking for ways to manage risk and efficiently secure more transactions. They understand that integration translates to increased control and immediate answers--two factors that can make the difference in growing your business in a challenging market.
Kirkland, Wash. (PRWEB) October 12, 2009
Byte Software, a leading provider of loan origination software for banks, credit unions, mortgage bankers and mortgage brokers, partners with LoanSifter, Inc. to offer a product and pricing engine. LoanSifter's best-of-breed solutions include an intuitive point-of-sale loan eligibility and pricing engine, lock desk, and rate sheet generator satisfying the most demanding loan officer.
"LoanSifter's streamlined, easy-to-read format means originators don't have to waste time searching through unnecessary numbers and suggestions to get the information they need," explains Bruce Backer, president of LoanSifter. "Secondary managers and originators tell us that they are looking for ways to manage risk and efficiently secure more transactions. They understand that integration translates to increased control and immediate answers--two factors that can make the difference in growing your business in a challenging market."
LoanSifter provides pricing, automated underwriting systems and lock desk features. Secondary departments utilize the thorough, real-time streamlining and maintenance of the entire mortgage pricing process (margins, adjustments, incentives, SRPs, and underwriting guidelines), no matter if servicing is retained or if correspondent and wholesale investors are used.
LoanSifter recently released its Banker Edition - a complete back-end loan solution available for the mortgage industry. LoanSifter Banker Edition offers a powerful, user-friendly solution to improve workflow and help ensure accuracy and compliance for both the banker and loan officer. It is a highly customizable solution offering an automated rate sheet generator, a Web portal for wholesale, TPO (third party originators) or retail, and an online 1003 mortgage application with an upcoming bulk pricing tool.
The partnership between Byte Software and LoanSifter reduces data input and errors by giving customers the ability to submit existing loan data from within BytePro, instantly accessing pricing and product information.
About Byte Software
Byte Software, founded in 1985 by mortgage professionals, is a leading provider of mortgage software solutions for banks, brokers and credit unions. Byte Software products streamline processes used by originators, processors and closers, allowing them to focus on generating additional business and revenue. Byte Software is a wholly-owned subsidiary of CBCInnovis, a leading provider of real estate settlement services and fraud prevention solutions. To learn more about Byte Software visit http://www.bytesoftware.com or call 800.695.1008.
About LoanSifter Inc.
LoanSifter, Inc. provides the banking industry's most comprehensive tools for mortgage bankers, loan officers and secondary departments to price, market and manage loans. The company's flagship product, LoanSifter, is an accurate, web-based pricing solution providing banks, credit unions and brokers with advanced tools to improve their service levels and increase profits. LoanSifter has the most comprehensive investor database in the industry featuring over 130 correspondent and wholesale lenders, and currently handles more than 6 million searches for loan products and guidelines every month. For more information, call 920.268.4770 or visit http://www.LoanSifter.com.