PowerSeller 5.8 enhanced reporting and communications strengthen secondary market management for small- and mid-tier lenders – NMP Skip to main content

PowerSeller 5.8 enhanced reporting and communications strengthen secondary market management for small- and mid-tier lenders

Oct 19, 2008

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.
About the author
Published
Oct 19, 2008
Jobs Report Comes In Weak After Mortgage Rates Surge

Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates

Oct 02, 2026
Price Cuts Hit Four-Year High As Mortgage Rates Top 7%

More than one in five listings took a price cut in September, but pending sales still posted their sharpest annual decline since March 2025

Oct 01, 2026
Serious Mortgage Delinquencies Rise 19% After Five Months Of Improvement

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

Sep 29, 2026
Smaller Down Payments Give Buyers More Room, But Rates Limit The Savings

The typical down payment fell 9% from a year ago, while shifting market conditions are giving originators different affordability conversations across the country

Sep 25, 2026
Mortgage Rates Break 7% Just As Builders Find A Way To Move Buyers

New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again

Sep 25, 2026
Borrowers Want Digital Closings, But Some Originators Remain Hesitant

ServiceLink finds 45% of surveyed LOs cite borrower reluctance as a barrier, even though most recent buyers say digital options would influence their choice of mortgage provider

Sep 23, 2026