Sollen Technologies, a Dallas-headquartered, Internet-based application services provider of product, pricing and best execution capabilities for the mortgage industry, has added product enhancements to Lender Online, a pricing and pipeline management tool.
The company adds that updates include an easier-to-use, more powerful search that helps loan officers by returning a true best execution without requiring the loan officer to predetermine the loan type.
Lender Online is a Web-based solution that offers access to multi-channel, multi-lender data and allows a loan originator to verify a borrower's eligibility for products based on his or her specific needs, provide real-time fully adjusted pricing, manage prospects, register borrowers and submit lock requests.
The product is able to search thousands of different loan products within seconds, Sollen Technologies notes, and loan origination and back office systems can interface with Lender Online using XML standards.