Capsilon Introduces New POS Portals

Oct 25, 2017

MISMO, the mortgage industry's standards organization, has released proposed updates to the Industry Loan Application Dataset (iLAD)

Capsilon has launched a suite of Mortgage Point of Sale (POS) portals for Third-Party Originators (TPOs), Loan Officers (LOs) and Consumers. The new Capsilon POS Portals are part of the new Capsilon Digital Mortgage Platform.

Using Capsilon POS Portals, originators are able to increase productivity and efficiency by streamlining pricing and automatically generating a list of required documents based on the loan program chosen. Capsilon POS Portals then automatically identify, name and index related submissions to ensure loans are complete and ready for underwriting. In addition, Capsilon POS Portals automatically match documents to related conditions, speeding the process and eliminating errors.

The Capsilon LO Portal and the Capsilon TPO Portal enable originators to deliver fully integrated real-time pricing and advanced quote management to their loan officers and broker communities to increase the velocity of completed loan applications. Automated loan set up and document submission capabilities speed the process and slash labor costs. And, the Capsilon LO Portal is integrated with the Capsilon Consumer Portal to enable collaboration that improves loan officer efficiency and increases consumer satisfaction.

About the author

NationalMortgageProfessional.com

Link copied

Published

Oct 25, 2017

Non-QM

NMP Deal Desk: Kind Lending Highlights How Asset Utilization Can Help Qualify More Non-QM Borrowers

Kind Lending executives discussed how asset depletion works, which borrowers may benefit most, and why brokers should take a closer look at borrowers with significant assets but non-traditional income

Mortgage professionals looking for new ways to qualify borrowers with substantial assets but non-traditional income got a closer look at asset utilization lending during NMP's latest Deal Desk webinar, sponsored by Kind Lending.During the June 17 session, Qualify More Borrow...

Industry News

Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

After months of stalled progress, the House and Senate have reached an agreement to pass the 21st Century ROAD to Housing Act (HR 6644), a sweeping housing package designed to boost housing supply and affordability.The Senate voted 87-8 on July 16 to consider the House-amend...