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Forward on Reverse: Why mortgage brokers and lenders need to be reverse ready

National Mortgage Professional
Oct 30, 2006

PriceMyLoan and Tri-Star Lending Group collaborateMortgagePress.comPriceMyLoan Platinum Investor Program In order to optimize its automated underwriting and loan pricing engine, PriceMyLoan.com (PML) has introduced the Platinum Investor Program, in which investors whose loan products are included in the PML system perform testing and validation. Tri-Star Lending Group is working within the program, to provide direct testing and verification of PML's automated underwriting and loan pricing engine. Investors enrolled in the program can use the PML engine to input loan scenarios and credit report information. Results generated by PML are checked for guideline and pricing accuracy, by the investor. Any discrepancies or changes are communicated directly to PML engineers, where updates are released immediately to every PML client using that investor's loan products. Costa Mesa, Calif.-based PML is a proprietary product of Fountain Valley, Calif.-based Insight Lending Solutions, an application service provider of enterprise systems for the mortgage industry. For more information, call (714) 957-6335 or visit www.pricemyloan.com. Winter Park, Fla.-based Tri-Star Lending Group is the wholesale and correspondent lending division of Orlando, Fla.-based direct mortgage lender Pinnacle Financial Corporation. For more information, call (877) 676-4605 or visit www.tristarlendinggroup.com.
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