""ISGN"":http://www.isgn.com/ is partnering with ""LoanSifter"":https://www.loansifter.com/ to offer MORvision's first integrated loan product and pricing engine initiative through the MORvision Plug-In Partner Network.[IMAGE]
The collaboration will use Loansifter's real-time product and pricing engine that incorporates both loan officer and secondary marketing interfaces, allowing loan originators to confirm more easily with compensation plans under the Regulation Z requirements.[COLUMN_BREAK]
The unique, bi-directional integration enables MORvision customers to set up and maintain loan originator compensation plans, stay within the latest requirements, and obtain loan product and pricing information directly from within MORvision. The integration results in loan originator compensation compliant investor product and pricing data, improved efficiencies, and reduced errors.
Prior to this integration with LoanSifter, MORvision customers faced the challenges of maintaining control of originating, pricing, and locking loans in a volatile market. The integrated solution leverages LoanSifter's extensive secondary marketing platform to allow for locking loans, applying lock extensions, and avoiding duplication in a real-time format through MORvision.
IGSN's head of technology products, Murali Gomatam, said of the collaboration, ""The integration with LoanSifter ensures the integrity of the data in MORvision's database, which continues to serve as a single source record for all loan data. This enhances fraud prevention and quality control, resulting in high quality mortgages for borrowers, MORvision lenders and investors.""