Managing Rates and Products
The Secondary module in the Loan Origination System makes interest rate and product management simple. The system fully supports Lock Desk controls for daily locking and inter-day pricing changes. Daily pricing as well as product and company margin control is a click away. Managing a hedge position has never been easier and if you are buying loans in bulk, what better way to win bids then to offer your customers access to our automated bulk bidding module. This is powerful technology that is all standard in the Loan Origination System.
Upload daily rates directly through the Loan Origination System. Create a fully customizable hours of Lock Desk operation, including holidays and messaging. Market moving? Manage risk easily with inter-day pricing controls.
Manage pricing margins down to the product level. Fully customizable Loan Level Pricing Adjusters (LLPAs) enables you to price risk appropriately. And function to manage pricing margins per Company is right at your fingertips. Improve originator performance by aligning margins with performance using the Company Rating module. Running multiple origination channels and need different margins per channel, no problem. All of the functionality you need to run Secondary is here for you.