DS News

MortgagePoint November 2023

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November 2023 » thefivestar.com 7 November 2023 M T E C H recommendations for loan officers, con- sumers, processors, and underwriters, enhancing the overall efficiency of the lending process. "Tavant's mission is to stay at the fore- front of innovation and to be the engi- neering partner of choice in the financial services industry," said Abhinav Asthana, Fintech Product Business and Growth Leader at Tavant. "Data Beats exemplifies our commitment to providing our cus- tomers with an advanced platform that accelerates their vision to transform into a data-first organization. We are proud to launch this platform, which brings insights, intelligence, and efficiency to the heart of the lending process." POLLY ANNOUNCES ANALYTICS AND BUSINESS INTELLIGENCE PRODUCT P olly has unveiled its multidimen- sional enterprise, competitive, and market intelligence product. Purpose-built using advanced data science and machine learning tools, Polly Analytics can be used in conjunc- tion with the company's cloud-native, high-performance Product and Pric- ing Engine (PPE) and Loan Trading Exchange to deliver an unprecedented amount of visibility to stakeholders and drive predictive and informed data-driv- en strategic decisions, automation, and profitability. Polly Analytics provides access to highly granular margin and lock data sets, including day-one margin and prof- itability metrics, as well as transparency into all lock desk activity: locks, exten- sions, relocks, reprices, price exceptions, float downs, and much more. Dynamic data visualizations also illustrate competitor benchmarking data and indices, made available to lenders that desire additional context and clarity around their margins, profitability, pric- ing strategies, and market performance. Lenders that leverage their own internal data solutions can license Polly's raw data to be used in tandem with existing in-house tools. Unlike other siloed data applications available in the market, Polly Analytics unites enterprise, competitive, and mar- ket analytics in one single data solution. This eliminates procurement headaches and creates a sole source of truth, en- abling lenders to: » Confirm their current market standing and position their organization for success using actionable, real-time price comparisons; » Continuously optimize margin and price strategies amid unpredictable market shifts; » Predict trends with in-depth pricing insights and lending profiles; » Maintain a long-term competitive position; and more. "Specifically in today's market, no one wants to leave revenue on the table," said Adam Carmel, Founder and CEO of Polly. "Polly Analytics delivers action-ori- ented visibility into margins, profitability, and any other lever a lender can pull to drive down the cost of origination and maximize every basis point of value. We are proud to pioneer yet another ad- vancement in mortgage technology and provide lenders with a holistic view of their business and the wider competitive landscape." Magazine INTRODUCING The Five Star Institute's premier trade publications, DS News and MReport, have joined forces to become MortgagePoint. This new publication brings you the same exclusive news, features, interviews, and commentary you've come to expect from Five Star—now taken to the next level and all in one place. MortgagePoint is your one-stop shop for coverage of the full spectrum of mort- gage, from originations to default. Scan the QR code to sign up and learn more. THE INDUSTRY'S MOST VALUED PUBLICATIONS JOINING FORCES

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