IRVINE, CA (February 25, 2019) /PRNewswire/ – Compass Analytics announced today a series of integrations and enhancements as part of their most recent release of CompassPPE™ (CPPE™), the firm’s product, pricing and pligibility engine. This first release in 2019 of CPPE™ focuses on providing quicker real-time options for loan originators while expanding integrations and support for lenders and investor partners.
The mortgage industry today is focused on developing the technology that serves faster and more accurate information. In response to this critical need, Compass Analytics has enhanced CPPE™ with the ability to obtain and provide real-time MI quotes from five MI companies, including three new insurers: Genworth, MGIC, and Radian. This is in concert with the two mortgage insurers CPPE™ previously released: Essent and National. Users can now quickly and accurately obtain product, pricing and MI quotes for loan searches and levitra philadelphia view all MI companies in a side-by-side comparison. MI quotes can be obtained for Borrower-Paid Single Premium, Borrower-Paid Monthly Premium and Lender-Paid Mortgage Insurance products to give the users the options they need within their pricing engine.
CPPE™ continues to lead the industry with its expansion of support for Non-QM products as well, with new data fields and enhanced documentation types “We work with clients to get feedback and ideas for the future, which is why we spent time during this release focusing on Non-QM products for our clients and investor partners.” said Nancy Pollard, Managing Director of Pricing Technologies.
As always, Compass emphasized their commitment to creating exceptional user experiences for originators by adding the ability to save “QuickPrice” scenarios for prospects monitoring market movement. These scenarios can be refreshed on demand, allowing originators to see updated product and pricing options for their prospective borrowers. “Compass is at the forefront of the industry in supporting options for lenders to make the most efficient and cost-effective decisions for their firm,” adds Nancy.
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™.