(MENAFN- Send2Press Newswire) ADDISON, Texas, Jan. 8, 2025 (SEND2PRESS NEWSWIRE) - Mortgage Machine Services (Mortgage Machine), an industry leader in digital origination technology to residential mortgage lenders, announced that it now offers an artificial intelligence (AI)-powered pricing engine. The pricing engine ingests and updates pricing for a lender's investors and aggregators automatically. With granular controls for administrators, including global and product-level pricing adjustments, real-time lock controls, and mark-to-market tracking against current market conditions, lenders can streamline secondary market processes.
Image caption: Mortgage Machine Services.
“Our clients are already delivering outstanding feedback,” said COO James Cassinelli.“One client told us that the pricing engine provides great benefits and increases efficiency by reducing the friction introduced by pairing a separate pricing engine with an LOS. Instead of updating pricing details between two different solutions, loan officers can do it all in one.”
Using the pricing engine, loan officers can compare rates and see principal and interest breakdowns without switching screens or performing manual calculations. The pricing engine's Best X feature allows users to efficiently identify the most competitive rates for their borrowers.
“We see the pricing engine as a necessity, rather than the bow on top,” said Cassinelli.“We have fully integrated the engine with Mortgage Machine's loan origination system at no extra cost to our LOS users.”
To learn more about Mortgage Machine, visit .
About Mortgage MachineTM Services, Inc.
Mortgage MachineTM is an industry leader in transforming residential mortgages using a range of digital solutions. Drawing on its extensive industry knowledge and advanced technology infrastructure, the company has been innovating in financial markets since 2007. Today, its flagship LOS product utilizes intelligent automation, configurable business workflows and a cloud-based infrastructure to optimize the entire loan lifecycle. By consolidating retail, wholesale, correspondent and home equity lending onto a single platform, Mortgage MachineTM enables lenders of all sizes to reduce cycle times, costs and risks while improving data quality and borrower satisfaction. Visit to learn more.
###
MEDIA ONLY CONTACT:
(not for print or online)
Lindsey Neal
Depth for Mortgage Machine Services, Inc.
(404) 549-9282
...
News Source: Mortgage Machine Services Inc.
MENAFN08012025004236004055ID1109070648
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.