AllRegs, an information provider for the mortgage lending industry, and LoanSifter, a provider of Web-based loan product eligibility and pricing tools, have combined resources to provide an integrated solution for loan officers, mortgage bankers and secondary departments.
The AllRegs LoanLibrary product, which features 2,000 products and 60 investors, is now available to all searches that LoanSifter performs on investor guidelines and loan products. According to the companies, the data from the AllRegs LoanLibrary application is integrated into LoanSifter via a Web service that allows users to stay within the LoanSifter system and still access updated investor guidelines.
‘With the release of this integrated system, loan officers have a valuable tool on their hands that provides loan eligibility, rate and product guideline information,’ says Dan Thoms, senior vice president at AllRegs. "Combining our resources with LoanSifter's unique technology provides loan officers with the ability to better manage their loan products, search them in seconds and view all the investor guidelines they need to choose the appropriate products for their customers."