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LoanXEngine Introduces Point-of-Sale Software

LoanXWeb Point-of-sale software delivers instant qualification and best pricing

DENVER - LXE Software Inc., a provider of qualification, pricing and lead management technology introduced a new point-of-sale website solution called LoanXWeb. The semi-custom websites provide traditional mortgage website functionality, but also offers instant display of qualified, fully-adjusted pricing when combined with LoanXEngine. "By pushing qualification and pricing forward to the point of sale, our customers have a unique value proposition for the borrower and will be more likely to capture web-based business," said Alan Johnson LXE Software's President.

As a point-of-sale website, LoanXWeb can be used for marketing and to gain direct retail borrowers, or it can deliver a wholesale lending experience behind a website login. LoanXWeb can be hosted as an ASP service, or brought in-house to a mortgage broker or bank's own servers for maximum control and privacy.

LoanXWeb snaps into LoanXEngine as an automated lead source like LendingTree, LowerMyBills, Lead Point, NexTag, GetSmart and others. LoanXWeb follows a service-oriented architecture (SOA) and merely uses XML to communicate with LoanXEngine to instantly select best fit pricing from prime and subprime products. Combined, LoanXWeb and LoanXEngine are the only systems needed to push true best-fit qualification and pricing forward to the point of sale.

"The days where only a few large companies could offer live best execution pricing on the web are coming to a close. With LoanXWeb and LoanXEngine, all mortgage brokers and banks have the opportunity to offer leading edge capabilities without an enormous pricetag." said Alan Johnson.

About LoanXEngine

LoanXEngine by Mortgage Builder, An Altisource Business Unit is focused on delivering innovative technology solutions for the residential mortgage industry. The company's flagship product, LoanXEngine, brings a new level of speed and convenience to originators by combining the essential services of lead management, product pricing and eligibility, and customer relationship management workflow into a single, easy to use platform. The web-based software also produces ratesheets, sends emails, creates tasks and generates alerts to help manage pipelines.

For more information call (303) 333-4373 or contact us.
Contact: Jim Hennessy
Strategic Vantage for LXE Software
(858) 774-0201
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