LoanPASS recently announced its preferred partnership with
The Mortgage Collaborative (TMC), the nation’s largest independent cooperative
network serving the mortgage industry, according to a company press release.
“The Mortgage Collaborative is thrilled to welcome LoanPASS
as its newest preferred partner as they push the boundaries of mortgage
technology with the industry’s first rules-based loan decisioning engine,” TMC Senior
Vice President Tom Gallucci said in the release. “This partnership is a
testament to TMC’s commitment to providing its members with access to the most
innovative and reliable solutions in the industry.”
TMC stated in the release that it is dedicated providing its
members with market-leading technology and expert resources to better manage
the rapidly evolving customer demands and pace of technology innovation in
today’s mortgage banking market.
“LoanPASS caters to a wide range of lending sectors
including mortgage investors, IMBs, banks, credit unions and private lenders,” LoanPASS
Chief Revenue Officer Bill Mitchell said in the release. “There are many
features that set LoanPASS apart from legacy providers - notably the system’s
speed, configurability and no-code administration. LoanPASS was built from the
ground up using modern programming language and can handle any lending product
from complex mortgages to consumer, personal, business and commercial loans,
making it an ideal solution for TMC’s diverse member base.”
Rather than opening membership to any vendor willing to pay,
TMC purposefully curated its Preferred Partner network to provide its lender
members with the market-leading technology and expert resources they need to
better manage the rapidly evolving customer demands and pace of technology
innovation in today’s mortgage banking market, according to an email from Lindsey
Neal of Depth PR. LoanPASS is As the industry’s first rules-based loan
decisioning platform, she further noted. It is designed to give lenders
unparalleled control over loan product pricing and underwriting decision output
through its no-code, SaaS application featuring open APIs that allow seamless
integrations with leading CRM, POS and LOS providers.