Portellus makes the roundsMortgagePress.comPortellus, HMIC, The Pinnacle Companies, Web tools
Harbourton Mortgage Investment
Corporation (HMIC) and Portellus Inc. have launched
Portellus' broker portal solution to its entire broker network. The
Web portal helps brokers to close more loans faster by providing
real-time access to pricing, pre-qualifications, credit and debt
management and automated credit approvals at the point of sale.
The solution is being marketed to HMIC's brokers under the name
of HELPS, or Harbourton Electronic Loan Processing Solution.
Key functionality within the broker portal includes automated
best-fit product and pricing determination, the ability to pull and
re-pull credit, debt management and deal structuring, view
up-to-date pipeline loan status, rate-lock capability and automated
underwriting approvals complete with pricing, underwriting
conditions and exceptions.
Portellus has also announced that it has reached an agreement
with The Pinnacle
Companies LLC to streamline enterprise operations for
Pinnacle's retail, wholesale and correspondent lending channels.
The combination of Portellus' loan origination system, automated
underwriting system, business rules management system (BRMS) and
various portal offerings will enhance the ability of Pinnacle's
multiple business units to respond quickly to marketplace changes
via one integrated solution.
Pinnacle's underwriting rules will be powered and centrally
managed by Portellus' BRMS, which empowers Pinnacle's internal
business with the on-demand change management necessary to
efficiently create and maintain rules without the need to heavily
rely on its internet technology department. The BRMS saves time,
reduces maintenance costs and brings new products or pricing
updates to market in a timely fashion.
Headquartered in Irvine, Calif., Portellus Inc. is a provider of
service-oriented architecture for the mortgage banking and
insurance industries. For more information, call (949) 250-9600 or
Based in Santa Rosa, Calif., HMIC is a national wholesale lender
specializing in alt-A and sub-prime loans. For more information,
call (877) 393-7771or visit www.hmic.com.
Headquartered in Orlando, Fla., The Pinnacle Companies consist
of mortgage bankers, lending options and lending programs. For more
information, call (407) 578-2000 or visit www.pinnaclefinancial.com.