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PowerSeller 5.8 enhanced reporting and communications strengthen secondary market management for small- and mid-tier lenders
Sollen Technologies offers simplified integration with new lender onlineMortgagePress.comSollen Technologies, Lender Online, PPE, Enterprise Service Bus
Sollen Technologies, an Internet-based application services
provider of product, pricing and execution capabilities for the
mortgage industry, has announced the latest version of Lender
Online, the original Web-based product and pricing engine (PPE).
Sollen's PPE has been completely revamped to give it a new look and
feel with added functionality to better meet the needs facing
mortgage lenders.
"Our focus was two-fold: technological enhancement and customer
satisfaction," said John Brumfield, VP of operations. "Ease of use
combined with additional functionality will result in a much faster
response to the borrower. In addition, the new portal will provide
a more flexible growth platform for our existing and prospective
customers."
The basis for the re-architecture of Lender Online was to allow
easier integration with other technologies. This led to the
development of a proprietary embedded Enterprise Service Bus (ESB).
The ESB enables common attributes and functions of third-party
services to be shared, meaning less work is required when a new
service is added. Additionally, Sollen has added new functionality
to Lender Online that will allow comprehensive product comparisons
providing the user with more information at the point of sale.
Clients will now have more control over the configuration of their
system, allowing them more flexibility to adjust to an
ever-changing marketplace.
"We were able to dramatically enhance our user interface without
compromising the integrity of our existing rules engine which is
unsurpassed for accuracy in the market," said Brian Drevicky, VP of
information technology.
Based on customer requests and the rapidly changing industry,
Sollen has recreated Lender Online as a platform developed to
enhance future growth opportunities. Enhancing the platform will
allow Sollen to strengthen its existing relationships and build
future partnerships, which will be the focus of expansion through
2009.
For more information, visit www.sollen.com.