‘The integration of PowerSite with our Web-based [loan origination system] platform provides lenders with a robust, highly compliant and cost-effective solution that can handle every aspect of the mortgage lending process," says Sean Dugan, vice president of sales and marketing at PCLender.
InHouse Mortgage System users that license PowerSite now have the option to implement automated integration software, which enables PowerSite application data to be automatically transferred directly into the InHouse Mortgage system. The two companies say they already have several mutual clients.
PCLender's ‘enterprise’ LOS platform enables lenders to manage the entire life cycle of a loan, from marketing and origination through closing, secondary marketing, loan-level reconciliation, and post-closing, the company says.
‘Mortgage lenders are increasingly turning to advanced POS automation as a way to reduce costs, increase efficiency, and provide better service,’ adds Dan Welbaum, chief marketing officer of Mortgagebot.