LoanSifter Announces Product Expansion With Focus on Originators in Prime, Alt-A Markets

Company Launches Free Beta Partner Program

    LITTLE CHUTE, Wis., Aug. 14 /PRNewswire/ -- LoanSifter
 (http://www.loansifter.com) announces a significant product expansion for
 its Web-based solutions for the mortgage industry. The new LoanSifter
 Prime/Alt-A search engine is the first engine that allows brokers and
 correspondents to evaluate every lender they use. The LoanSifter engine is
 a fast, customizable solution focused on the product decisioning and
 pricing needs of the prime market. This benefits originators by saving time
 and maximizing return through LoanSifter's accurate analysis, detailed
 presentation and customized filtering, and they're able to evaluate all of
 their investors or wholesale lenders.
     LoanSifter's comprehensive offerings enable originators to accurately
 pre-qualify and price loan scenarios against all of their lenders' rates
 and guidelines. They can customize searches based on branch specific
 adjustments and SRPs, and compare those against similar offerings - all
 backed by accuracy, speed and responsiveness to their clientele.
     For a limited time, LoanSifter is offering originators the use of its
 new Prime/Alt-A search engine at no charge during its Beta program. To
 register for the free Beta Partner Program, visit
 http://www.loansifter.com. The product is expected to be commercially
 available in fall 2007.
     "Shifting demands in the lending industry prompted us to expand our
 product line to meet the changing needs of our customers," said Bruce
 Backer, president of LoanSifter. "With our new focus and expanded product
 offerings, we are better positioned than ever to meet the competitive
 demands that span Prime, Alt-A and non-prime markets. Our highly adaptable
 solutions provide originators with tools that help transition their roles
 from 'loan order-takers' to informed 'lending advisors.'"
     About LoanSifter
     As a Web-based solution for the mortgage industry, LoanSifter offers
 two search engines. The LoanSifter Prime/Alt-A engine is a fast,
 customizable engine focusing heavily on the pricing needs of the prime
 market. The Non-prime engine efficiently handles the heavy underwriting
 guidelines required in the Non-prime market. Its comprehensive offerings
 position LoanSifter as the industry's most accurate comparison search for
 Prime, Alt-A, and Non-prime pricing and pre-approvals. For more
 information, call 920.687.1222 or visit http://www.loansifter.com.
 
 

SOURCE LoanSifter