The integration aims to speed up pricing during the loan process
PollyEx, a provider of SaaS technology to the mortgage industry, has integrated its loan trading exchange system with the Freddie Mac Loan Selling Advisor to improve some of the most critical transactions in the mortgage supply chain.
PollyEx said the bi-directional integration aims to improve the speed and accuracy of pricing during the loan process, as well as ensure seamless data flow between the two systems. It delivers real-time pricing and automated functions to Freddie Mac clients.
"We are thrilled to partner with Freddie Mac and interface our technology to deliver value to our shared customer base," said Adam Carmel, founder and CEO of PollyEx. "Our integration with Freddie Mac brings innovation and transparency to the secondary mortgage market, creating efficiencies and exposing the true best execution for banks, mortgage companies, and credit unions during the loan sale process. We look forward to a successful relationship with Freddie Mac."