Compass Analytics First to Integrate with Fannie Mae’s Servicing Marketplace – Servicing Released Premium Rate Sheet v2 API

SAN FRANCISCO, CA, USA, December 17th, 2018 (PRNEWSWIRE) – Compass Analytics, an industry-leading financial technology provider, announced that CompassPoint™ now offers an integration to the latest version of the Fannie Mae Servicing Marketplace – Servicing Released Premium Rate Sheet v2 (SMP-SRP v2) API.

Compass Analytics has updated its integration with Fannie Mae’s Pricing & Execution – Whole Loan® (PE-Whole Loan) application to include the SMP-SRP v2. The updated API includes multi-variable rate sheet capabilities giving servicers enhanced granularity in providing servicing released premium pricing to sellers. The Compass integration to the SMP-SRP v2 also provides enhanced application monitoring.

CompassPoint™ will continue to support SMP-SRP v1 for servicers who have yet to transition to version 2 of the SRP rate sheet, providing sellers with access to every servicer who participates in the Servicing Marketplace.

Using this best execution solution, lenders can compare pricing from their investor partners with loan-level, cash flow-based retained MSR values from Compass’s existing MSR model. Clients leveraging Fannie Mae’s SMP-SRP API can streamline their loan sale process by importing released servicing bids from their co-issue partners.

Added Vimi Vasudeva, Compass Analytics Managing Director, “We’re pleased to again be the first to integrate to the SMP-SRP v2 API for our co-issue originator customers. The additional pricing granularity makes the Servicing Marketplace more effective for all participants.”
The SMP-SRP API supplements Compass’s existing suite of best execution and xenical without prescription pooling tools:

  • AutoCommit℠ – provides direct integration with Fannie Mae’s PE – Whole Loan commitment application.
  • CompassBridge™ – facilitates bi-directional LOS integration.
  • Pooling optimization algorithms covering pay-ups and high-balance percentages for both cash and MBS trades.
  • CompassBid™ – mini-bulk bid automation including import of investor bids and market calibration. Retained/released reporting and bid optimization.
  • Full best execution analysis including AOT and retained executions.
  • Automated purchase advice reconciliation and discrepancy alerts.

About Compass Analytics, LLC

Compass Analytics is an innovator in the FinTech industry and a leading provider of pricing technology to lenders. Compass develops cutting-edge analytics and doxycycline online pharmacy without prescription offers advisory and active risk management services to mortgage bankers, traders, investors, and banks. Compass Analytics’ platform is revolutionizing the way home loans are formed and sold through the use of innovative real-time technology supported with services, expertise, and guidance. Compass’ suite of tools includes CompassPoint™, CompassPPE™, CompassBid™, CompassDirect™, and CompassCommit™.

Public Relations Contact for Compass Analytics:

Austin Yu
Marketing Manager
415-992-9098
ayu@compass-analytics.com
www.compass-analytics.com

Compass Analytics Enhances CompassPoint™ with Innovative Loan Sale Analytics and Deeper Integrations

SAN FRANCISCO, CA, USA, November 15th, 2018 (PRNEWSWIRE) – Compass Analytics announced today significant enhancements to CompassPoint™, their industry leading risk management and loan sales platform. This major update expands CompassPoint™’s suite of capital markets tools and analytics, creating a capital markets toolbox with the options lenders need to achieve best execution in all possible selling scenarios.

Compass’ capital markets trading tools commonly saw significant upgrades to functionality and usability. In addition to improved mini bulk selling and hybrid AOT capabilities, CompassPoint™ now has deeper integrations with Freddie Mac’s Loan Selling Advisor platform and has complied with both Fannie Mae and Freddie Mac’s ULDD Phase 3 requirements, over six months ahead of schedule.

Enhancements to CompassBid, the loan sales platform within CompassPoint™, now allow users to seamlessly generate tri-party agreements and automatically distribute the agreements to an ever-expanding group of supported investors.

In response to lenders need for a better way to assess investor “shadow” bids without disrupting their existing best execution analyses, CompassPoint™ added a new setting to separately track shadow bids from prospective investors. This gives lenders a greater overall view of their pipeline in order to fully achieve their pipeline’s potential.

To further enhance this 360-degree view, CompassPoint™’s Pooling Optimizer has been updated to allows lenders to aggregate their loans in order to find optimal selling combinations, further solidifying CompassPoint™ as a one-stop shop for capital markets.

Finally, this extensive update introduced CompassPoint™ Agile, a streamlined, focused version of the software designed to be flexible and easy to use for sellers of any size or sophistication; with CompassPoint™ Agile, loan sales that once took an expert team can now be handled with just a few keystrokes and the click of a button.

James Baublitz, Product Manager, Pipeline Analytics explains, “Lenders need the ability to control their systems – flexibility and ease of use are crucial for lenders to stay competitive. Compass doubled down on this idea and simplified our interface creating an easy-to-use, full-model analytics platform that includes expansive reporting and market-leading integration capabilities.”

About Compass Analytics, LLC

Compass Analytics is an innovator in the FinTech industry and a leading provider of pricing technology to lenders. Compass develops cutting-edge analytics and offers advisory and active risk management services to mortgage bankers, traders, investors, and banks. Compass Analytics’ platform is revolutionizing the way home loans are formed and sold through the use of innovative real-time technology supported with services, expertise, and guidance. Compass’ suite of tools includes CompassPoint™, CompassPPE™, CompassBid™, CompassDirect™, and CompassCommit™.

Public Relations Contact for Compass Analytics:

Austin Yu
Marketing Manager
415-992-9098
ayu@compass-analytics.com
www.compass-analytics.com

National MI Now Integrated Into Compass Analytics Pricing Engine

The integration delivers live Rate GPS(SM) Risk Based Pricing to mutual customers

EMERYVILLE, Calif. and SAN FRANCISCO, Nov. 13, 2018 (GLOBE NEWSWIRE)National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), and Compass Analytics, a leading mortgage technology provider, announced today that Compass has integrated its product, pricing and eligibility engine, CompassPPE™, into National MI’s risk-based pricing platform, Rate GPS(SM). The integration enables mutual clients to obtain immediate and accurate mortgage insurance rate quotes on loans exceeding an 80 percent loan-to-value ratio. For added flexibility, Rate GPS will also be available in Compass Analytics’ application programming interfaces (APIs).

As soon as a loan officer runs a search for loan options through CompassPPE™, the pricing engine interacts directly with the NMI platform to provide MI pricing with multiple options for lender-paid coverage, borrower-paid single premium and borrower-paid monthly premium coverage.

“National MI is very pleased to join forces with Compass Analytics,” said Mike Dirrane, with National MI. “This integration provides many benefits to our mutual lender customers in terms of providing accurate and competitive Rate GPS risk-based pricing, saving time and streamlining the loan origination process to better serve borrowers.”

The National MI integration brings real-time, risk-based MI pricing to the Compass platform, providing loan officers with the ability to advise their borrowers with side-by-side MI pricing comparisons from their MI providers. Nancy Pollard, CompassPPE™ managing director, pricing technology adds “Our industry-leading technology provides loan originators a simple, efficient way to compare National MI’s risk-based pricing without sacrificing speed, all critical in helping loan officers deliver exemplary service to their customers.”

CompassPPE™ provides multiple MI pricing options including risk-based MI quotes, real-time MI integration and managed rate cards. The multiple options on pricing, as well as different controls for lenders and loan officers to review and select MI pricing, allow customers to tailor the offering based on their business practices and workflows.

About Compass Analytics, LLC

Compass Analytics is an innovator in the FinTech industry and a leading provider of pricing technology to lenders. Compass develops cutting-edge analytics and offers advisory and active risk management services to mortgage bankers, traders, investors, and banks. Compass Analytics’ platform is revolutionizing the way home loans are formed and sold through the use of innovative real-time technology supported with services, expertise, and guidance. Compass’ suite of tools includes CompassPoint™, CompassPPE™, CompassBid™, CompassDirect™, and CompassCommit™.

About National MI

National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc. (NASDAQ: NMIH), is a U.S.-based, private mortgage insurance company enabling low down payment borrowers to realize home ownership while protecting lenders and investors against losses related to a borrower’s default. To learn more, please visit www.nationalmi.com.

Press Contact for National MI

Mary McGarity
Strategic Vantage Mortgage Public Relations
(203) 513-2721
MaryMcGarity@StrategicVantage.com

Investor Contact for National MI

John M. Swenson
Vice President, Investor Relations and Treasury
(510) 788-8417
john.swenson@nationalmi.com

Public Relations Contact for Compass Analytics:

Austin Yu
Marketing Manager
415-992-9098
ayu@compass-analytics.com
www.compass-analytics.com

Compass Analytics continues to innovate with CompassPPE™ enhancements focused on user experience

For Immediate Release

SAN FRANCISCO, CA, USA, November 13, 2018 (PRNewswire) – Compass Analytics announced today a series of enhancements in the latest release of CompassPPE™, the firm’s Product, Pricing and Eligibility product. These enhancements are specifically designed to provide benefits for the full spectrum of CompassPPE™ users.

CompassPPE™’s new search results view helps originators quickly identify the most appropriate product and rate for any scenario. Additionally, originators and sales managers can now share pipelines and manage lock workflow with new features, giving them even more flexibility. MI quoting and selection now include side-by-side views for easier comparison at the point of sale.

With the new CompassPPE™ user administration interface, secondary marketing and product teams are able to get new products and product changes to market faster, with features that significantly simplify and streamline guideline management. Even the most complex guideline and LLPA rules can be configured quickly and easily, reducing turn time for new products and investor changes. The release also includes lock policy, lock/loan edit workflow and margin management improvements.

Originators and secondary marketing managers will appreciate the CompassPPE™ pipeline monitoring capabilities just released: data changes are checked for impact on product eligibility, pricing and lock status. If eligibility or pricing is affected, users may be alerted through workflow and email notifications.

CompassPPE™ sets a new standard for integration. This release includes API-based integration capabilities, loan geocoding to improve access to CRA product benefits, and multi-factor authentication across desktop and mobile user platforms.

“Compass Analytics is dedicated to technical excellence across our platforms and the current release of CompassPPE™ is no exception. We provide a highly-effective and flexible user experience,” according to Kevin Foley, CompassPPE™ Product Manager. Nancy Pollard, Managing Director, Pricing Technology adds, “This release delivers improvements that are aimed at our client’s bottom line – whether through better execution, investor flexibility, state-of-the-art lock desk support, or instant access to pricing and eligibility.”

About Compass Analytics, LLC

Compass Analytics is an innovator in the FinTech industry and a leading provider of pricing technology to lenders. Compass develops cutting-edge analytics and offers advisory and active risk management services to mortgage bankers, traders, investors, and banks. Compass Analytics’ platform is revolutionizing the way home loans are formed and sold through the use of innovative real-time technology supported with services, expertise, and guidance. Compass’ suite of tools includes CompassPoint™, CompassPPE™, CompassBid™, CompassDirect™, and CompassCommit™.

Compass has offices in San Francisco, Washington, D.C., New York City, and Irvine.

Public Relations Contact:

Austin Yu
Marketing Manager
Compass Analytics
415-992-9098
ayu@compass-analytics.com
www.compass-analytics.com

Compass Analytics Expands Their Product & Pricing API Library, Automation Capabilities, and Team