• Auto-populate rate sheet price and adjustments
• Online lock capability for originators without contacting your lock desk
• Electronic auto-confirmation to the originator for lock request
• Electronic alerts to secondary whenever changes occur to data that affect locked loans

As a secondary marketing manager, your key responsibilities include pricing, new product development, and the execution strategy on selling closed loans. In the end, your success is determined by the profitability on each loan. Sound easy enough?

The reality is that pricing mortgage products is rapidly becoming more complex and the ability to track all the pricing adjustments can be an overwhelming challenge. The combination of pricing and tracking adjustments is a time-consuming and manual process that exposes you to more risk and can lead to expensive errors.

DataTrac’s AutoPrice feature is a tool that enables you to get your hands firmly around these challenges. The end result is that you provide your loan officers and/or brokers the ability to quickly and accurately price and lock a loan with you—and not your competition!


DataTrac's AutoPrice feature provides you:

• A sophisticated but easy-to-use pricing module that automatically provides your originators with the correct rate and net buy price.
• 24/7, automated price quote capability and an automated lock feature that is available through WebTrac®. Now your lock desk will only be closed when you want it closed.
• Control to reduce errors based on incorrect prices from missed adjustments or transposed numbers.
• Increased efficiencies by eliminating manual look up of adjustments and streamlines repetitive tasks.

Start using DataTrac AutoPrice TODAY and TOMORROW you can start to benefit from:

• Increased production through improved customer service, empowers your originators to access up to date loan status and automatically price all loans including adjustments.
• Improved efficiency by reducing status calls and data entry through seamless integration between WebTrac and DataTrac.
• Reduced errors by automating repetitive tasks.
• Build in profit margins based on loan program and branch office.