NEWS SOURCE: LendingQB

COSTA MESA, Calif., Jan. 16, 2013 (SEND2PRESS NEWSWIRE) — LendingQB, a provider of end-to-end loan origination software, announced that its Web-based loan origination system (LOS) has been integrated with Mortgage Capital Trading’s (MCT) proprietary HALO (Hedging And Loan sales Optimization) platform(SM). The interface, dubbed HALO-Link™, allows for pipeline and trade data to automatically be exchanged from LendingQB’s LOS to the HALO platform.

MCT’s bi-directional HALO-Link interface enables for consistent time or change-based delivery of loan pricing, trade and pipeline data from the product and pricing engine (PPE) within LendingQB’s LOS directly to and from MCT’s clients-specific HALO database. As a result, data the consistency from LendingQB’s LOS to MCT ensures that mutual clients’ pipelines of locked loans are accurately priced and optimally hedged. The new interface helps lenders realize higher profit gains from MCT’s mandatory trade executions to investors.

“Lenders are increasingly turning to the utilization of a hedging strategy in secondary marketing to achieve greater profitability,” said David Colwell, vice president of corporate strategy at LendingQB. “The integration between our LOS and MCT’s HALO-Link enables the timely delivery of data so that loans can be hedged more frequently and accurately. Eliminating manual steps in the data exchange process reduces errors, mitigates risk, saves money and ultimately drives profitable loan sales to investors. It’s a win-win for our mutual customers.”

“Partnering with LendingQB is a natural fit between our two platforms, and adds more value to the technology tools we already offer our clients as part of our end-to-end support services,” said Curtis Richins, president of MCT. “Via this integration, it’s really easy for our trading analysts to access our client’s pricing data that resides in LendingQB’s PPE, which gives us instant access to accurate pricing information in real-time.”

About LendingQB:
LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100% Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible. LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit http://www.lendingqb.com/ .

About Mortgage Capital Trading:
MCT Trading is a risk management and advisory services company providing independent analysis, training, hedging strategy and loan sale execution support to clients engaged in the secondary mortgage market. Founded in San Diego, California in May 2001, the company has expanded to include field sales and support offices in Philadelphia, Dallas, Charlotte and San Francisco. MCT is recognized as a leading provider of mortgage pipeline hedging service and currently supports more than 85 clients on the HALO (Hedging And Loan sales Optimization) Program. MCT also offers a service that effectively outsources a centralized lock desk for mortgage bankers called LockCentral. For more information, please visit http://www.mct-trading.com/ or call (619) 543-5111.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

LendingQB, 3080 Bristol Street, Suite 550, Costa Mesa, CA 92626; 714-957-6335.

News issued by: LendingQB

LendingQB

Original Image: https://www.send2press.com/wire/images/12-1018-lendingqb_72dpi.jpg

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Original Story ID: 2013-01-0116-002 (8455) :: LendingQB-s-LOS-Integrated-with-MCT-Trading-HALO-Link-for-Optimal-Hedging_2013-01-0116-002

Original Keywords: David Colwell, Curtis Richins, loan origination system, LendingQB, MCT Trading, mortgage capital trading, loan origination software, hedging and loan sales optimization, loan origination system, product and pricing engine, loan origination platform, mortgage pipeline hedging LendingQB Costa Mesa California COSTA MESA, Calif.

Alternate Headline: LendingQB’s Loan Origination System Integrated with MCT Trading Hedging And Loan sales Optimization Platform

NEWS ARCHIVE NOTE: this archival news content, issued by the news source via Send2Press Newswire, was originally located in the Send2Press® 2004-2015 2.0 news platform and has been permanently converted/moved (and redirected) into our 3.0 platform. Also note the story “reads” counter (bottom of page) does not include any data prior to Oct. 30, 2016. This press release was originally published/issued: Wed, 16 Jan 2013 13:29:17 +0000

NEWS SOURCE: LendingQB | Published: 2013-01-16 13:29:17



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