Mortgage banker fine-tunes rules, LOS strategy
RETN
10.03.2006
National wholesale and retail mortgage banker Homefield Financial is in testing with an enterprise rule management (ERM) system from Portellus. It will use the system to extend pricing, prequalification and automated underwriting approvals to the point of sale via its broker portal.
That portal is not yet live but should be by the end of the year.
Late last year, Real Estate Technology News reported on Homefield's launch of a wholesale chnnel on a new mortgage origination and processing platform from Mortgage Cadence, which also includes a rules engine.