Mortgage Builder Software has announced that it has acquired LXE Software Inc., a provider of CRM and product pricing and eligibility engine (PPE) technology, and is highly regarded as an innovator in its industry segment. The company has more than 50 clients, several of which are also current Mortgage Builder clients. LXE Software’s flagship product, LoanXEngine, combines the essential services of lead management, product pricing and eligibility, and customer relationship management (CRM) workflow into a single, easy-to-use platform.
As part of the acquisition, Alan Johnson, the company’s founder and CEO, will remain with the company and become a senior executive within the Mortgage Builder management team. LXE Software’s other employees will also remain and the offices in Denver will form the nucleus of Mortgage Builder’s physical presence in the western United States.
LoanXEngine will be integrated into Mortgage Builder’s new LOS platform, Architect. LoanXEngine will continue to be available as a standalone product that works seamlessly with any loan origination software (LOS) system.
“LoanXEngine is very popular with its users, so we will make sure they can continue to enjoy its superior features with full support,” said Keven Smith, Mortgage Builder’s president and CEO. “It’s an incredibly dynamic product that brings great value to loan officers on the front end of the mortgage process, as well as to secondary marketing efforts."
Kelli Himebaugh, corporate vice president of Mortgage Builder, will be tasked with expanding LoanXEngine’s customer base along with bringing its benefits to current and future Mortgage Builder clients.
