New CompassPPE gives lenders more options for MI quote comparisons
Compass Analytics has added new features and enhancements to its risk management and loan sale platform CompassPoint and CompassPPE, the company’s pricing and eligibility engine.
CompassPoint announced that it now offers a best execution assist (BEAST) function which provides an “interactive summary of loan sales in process” and allows users to adjust the investors’ share of loans for sale.
In addition, the company also enhanced CompassPPE’s mortgage insurance integrations. It has added more setting options for lenders, supporting various configuration strategies for MI quote comparisons.
"Now more than ever, mortgage bankers are seeking technology solutions that give them control over their business and save time," said James Baublitz, product manager of pipeline analytics at Compass Analytics. "Our June releases reinforce our commitment to lender profitability, delivering class-leading automation and empowering lenders with flexible, transparent, fully integrated secondary marketing solutions."