Express Capital Lending
Wholesale Mortgage Lender Uses Microsoft .Net and YASU Rules Engine Technology to Offer Loan Pricing Tools to Brokers.
Overview
Country/Region: United States
Industry: Mortgage Lending
Customer Profile
Express Capital Lending (ECL) is an ALT-A wholesale mortgage lender. ECL specializes in non-conforming, niche products on residential properties nationwide.
Business Situation
Express Capital Lending was seeking a solution which would enable their loan officers and client brokers to price loan scenarios over the web rather than manually
from paper rate sheets. In addition, ECL wished to automate the generation of their daily rates which were created manually each day based on investor pricing.
ECL also required a secure application environment in which to provide their pricing tools to clients.
Solution
Utilizing Microsoft .Net technology, a web solution was created to provide the various pricing tools and interfaces over the web. YASU rules engine software was used as the decisioning engine and to enable the business users to manage pricing rules, which change on a daily basis. Automation was accomplished through an office automation server built on Microsoft .Net technology.
Benefits
- Automation
- Rule Management
- Ease of use
- Security
Working with Novera Consulting, Express Capital Lending has implemented a fully automated pricing system which enables them to focus their attention on other areas of their business such as new business development.
About Novera
Novera Consulting, Inc. is a leading software development consulting firm specializing in custom software solutions. We build secure, scalable, reliable software based on Microsoft’s technology platform for companies seeking to increase efficiency and boost productivity. We offer expertise in all phases of the software development lifecycle and will work closely with your company to ensure your project is completed on time and within budget. Located in Aliso Viejo, CA, we provide services to businesses in the Orange, San Diego, and Los Angeles Counties. For information about Novera Consulting, please visit http://www.noveraconsulting.com or call us at (949) 215-2404.
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For More Information
For more information about Novera Consulting solutions and services, contact us directly at (949) 215-2402 or visit the Web site at:
www.noveraconsulting.com