Compass Analytics Announces Groundbreaking Mobile Controls and Key Enhancements to its Product Pricing and Eligibility Engine, CompassPPE™, Including a Full-Featured TPO Portal
SAN FRANCISCO, Sept. 25, 2017 (GLOBE NEWSWIRE) — At its annual User Conference, Compass Analytics, an industry-leading financial technology provider, announced the release of Compass’ Lock Desk Vitals, mobile Command Center and significant enhancements to its enterprise-level product, pricing, & eligibility engine, CompassPPE™ (“CPPE™”). This release gives capital markets executives tools to actively monitor their pricing and hedged position in real-time while significantly enhancing the PPE experience.
Compass’ Lock Desk Vitals and mobile Command Center deliver live market and production data from CompassPoint™, Compass’ risk management platform, and provides unprecedented mobile control of the lock desk, including updating rate sheets, freezing pricing, disabling AutoLockSM, and/or applying global price updates in real time; all from the ease of a mobile phone. “Technology has finally arrived to arm Secondary Marketing Managers with the control they need to quickly administer their margins and pricing engines as the market moves,” said Kevin Foley, Compass Product Manager.
Compass is also pleased to announce its CompassPPE™ TPO Portal, which supports pipeline management, loan submission, pricing, locking, lock changes, and data change requests for third-party originators. Third party originators can securely upload documents and review open and signed-off underwriting conditions. LOS integration for the TPO Portal is powered by CompassBridge™ with near real-time updates, key data field monitoring and document folder configuration. CPPETM’s TPO Portal gives clients the ability to provide a congruent experience for all of their originators, regardless of channel.
Included in the September 2017 release are numerous additional enhancements including support for Lender Paid MI comparisons, second trust deeds, bi-directional updates from CPPE™ to an LOS, guideline exceptions and improvements to blended pricing capabilities. For more information, please visit http://www.compass-analytics.com/cppe_enhancements_2017/.