Technology firm Compass Analytics reports that it has enhanced its product and pricing engine, CompassPPE, with expanded re-lock policies, historical originator performance data and additional lock exception automation, including branch manager participation.
In addition, the software firm has expanded CompassPPE’s LOS integration capabilities and control settings.
What’s more, the latest version of CompassPPE adds new API methods that expand the API library, the firm says in a release.
In other news, Compass recently hired two mortgage industry veterans to help support its growth initiatives.
Ralph Armenta recently joined the company as managing director of strategic sales.
Armenta has more than 30 years of experience in the secondary market space, with a broad background in mortgage banking and financial technology. Most recently, he was head of sales for a San Francisco-based financial technology firm specializing in mortgage banking.
In his new position, Armenta will build on Compass’ strategic initiatives and lead sales of investor services, through which Compass will enable investors to source CRA and implement more granular pricing/margin strategies.
Additionally, Nancy Pollard has joined the firm as managing director of pricing technologies.
Pollard was previously chief operating officer for REMARQ, a real estate fintech company. She is a seasoned secondary market executive, having served as executive vice president of capital markets at Impac Mortgage.