from DSSResources.comLoanSifter launches new loan pricing and search engineLITTLE CHUTE, Wis., Nov. 7, 2007 -- LoanSifter (http://www.loansifter.com) announces the launch of its new search engine, focused on the product decision and pricing needs of the Prime/Alt-A markets, and empowering brokers and correspondents to compare every lender they use. Priced at just $50 per user per month ($100 monthly minimum), LoanSifter Prime is comprised of key features: -- Customized Environment for Originators - Enables a custom-made environment with all the loan originators' trusted wholesale and correspondent lending partners - not a restricted list of 'pre-canned' lenders. Loansifter has invested in the most advanced data tracking technologies to ensure an industry-standard accuracy rate. -- Powerful Pipeline Real-time Monitoring - A loan Re-pricing and Refi Monitor enables loan officers to increase profits and service to customers. The Re-pricing Monitor tracks unclosed loans in the pipeline and, much like a stock ticker, quantifies current market pricing and updates the originator minute-by-minute as to how each loan scenario is impacted. The Refi Monitor provides an automated tracking of loans the originators have already closed and alerts them when ARMs reset and market conditions warrant refinancing. -- Automated, Customized Emails to Key Contacts - Loan originators can stay in front of their lead generators (realtors, builders, financial planners, etc.) through customized, automated emails featuring their loan products and rates. According to Michael Hays, president of Scottsdale, Arizona-based Advantage Mortgage Group, "I'm looking for tools that give me a competitive edge. LoanSifter Prime provides a snapshot of all my vendors so I can see who is most competitive. All of a sudden, I'm finding lenders whose rate sheets I never looked at. It's broadening my view of partners and our customers are getting better rates." LoanSifter Prime enables originators to accurately pre-qualify and price loan scenarios against all of their lenders' rates and pricing guidelines. They can customize searches based on branch-specific adjustments and SRPs and compare those against similar offerings -- all backed by accuracy, speed and responsiveness to clientele. About LoanSifter LoanSifter Prime is a fast, customizable engine focusing heavily on the product decisioning and pricing needs of the Prime/Alt-A market. LoanSifter Subprime efficiently handles the heavy underwriting guidelines required in the Non-prime market. Its robust offerings position LoanSifter as the industry's most comprehensive comparison search for Prime, Alt-A, and Non-prime pricing and pre-approvals. For more information, call 920.687.1222 or visit http://www.loansifter.com |