Byte Software Announces LoanSifter’s Integration in
BytePro’s Product and Pricing Category
LoanSifter is fully integrated
in BytePro Software to match lender programs with borrowers instantly.
KIRKLAND,
WA, October 12, 2009 – Byte Software, a leading provider of loan
origination software for banks, credit unions, mortgage bankers and mortgage brokers,
partners with LoanSifter, Inc. to offer a product and pricing engine. LoanSifter's
best-of-breed solutions include an intuitive point-of-sale loan eligibility and
pricing engine, lock desk, and rate sheet generator satisfying the most
demanding loan officer.
“LoanSifter’s streamlined,
easy-to-read format means originators don’t have to waste time searching
through unnecessary numbers and suggestions to get the information they need,”
explains Bruce Backer, president of LoanSifter. “Secondary managers and
originators tell us that they are looking for ways to manage risk and
efficiently secure more transactions. They understand that integration
translates to increased control and immediate answers—two factors that
can make the difference in growing your business in a challenging market.”
LoanSifter provides
pricing, automated underwriting systems and lock desk features. Secondary
departments utilize the thorough, real-time streamlining and maintenance of the
entire mortgage pricing process (margins, adjustments, incentives, SRPs, and
underwriting guidelines), no matter if servicing is retained or if correspondent
and wholesale investors are used.
LoanSifter recently
released its Banker Edition – a complete back-end loan solution available
for the mortgage industry. LoanSifter Banker Edition offers a powerful,
user-friendly solution to improve workflow and help ensure accuracy and
compliance for both the banker and loan officer. It is a highly customizable solution offering an automated
rate sheet generator, a Web portal for wholesale, TPO (third party originators)
or retail, and an online 1003 mortgage application
with an upcoming bulk pricing tool.
The partnership between
Byte Software and LoanSifter reduces data input and errors by giving customers the
ability to submit existing loan data from within BytePro, instantly accessing
pricing and product information.
About Byte Software
Byte Software, founded in 1985 by mortgage professionals, is
a leading provider of mortgage software solutions for banks, brokers and credit
unions. Byte Software products streamline processes used by originators, processors
and closers, allowing them to focus on generating additional business and revenue.
Byte Software is a wholly-owned subsidiary of
CBCInnovis, a leading provider of real estate settlement services and fraud
prevention solutions. To learn more about Byte Software visit www.bytesoftware.com or call 800.695.1008.
About LoanSifter Inc.
LoanSifter, Inc. provides the banking industry's most
comprehensive tools for mortgage bankers, loan officers and secondary
departments to price, market and manage loans. The company’s flagship product,
LoanSifter, is an accurate, web-based pricing solution providing banks, credit
unions and brokers with advanced tools to improve their service levels and
increase profits. LoanSifter has the most comprehensive investor database in
the industry featuring over 130 correspondent and wholesale lenders, and
currently handles more than 6 million searches for loan products and guidelines
every month. For more information, call 920.268.4770 or visit www.LoanSifter.com.
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