LBA Ware, which provides an automated compensation and sales performance management platform for mortgage lenders, recently completed a partial integration of its compensation platform CompenSafe with SimpleNexus’s enterprise digital mortgage solution. The move is intended to allow loan officers (LOs) to receive real-time push notifications on calculated loan commissions directly through the SimpleNexus app.
“LOs are increasingly using our mobile platform to manage their day-to-day tasks and adding real-time compensation notifications enables SimpleNexus to become a one-stop-shop for LOs, operationally speaking,” SimpleNexus CEO Matt Hansen said in a press release. “LBA Ware has built the industry’s best compensation platform, and we are eager to give our users a taste of what CompenSafe can provide through these push notifications.”
SimpleNexus was designed to provide LOs with a single, mobile-driven platform to connect with borrowers and Realtor partners and access the ancillary systems and tools they use on a regular basis, the release states. The addition of compensation notifications adds to the suite of milestone alerts and other push notifications already available through the app and gives LOs a more complete picture of their individual level of production in real time.
“Performance and productivity go hand in hand, and for LOs, having commission notification in real time can be a powerful motivator to increase applications and ultimately close more loans,” LBA Ware founder and CEO Lori Brewer said. “SimpleNexus has quite literally put the LO’s office in the palm of his or her hand, and the addition of compensation push notifications from LBA Ware takes that one step further by providing a valuable connection to their compensation.”