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


Company Launches Free Beta Partner Program

LITTLE CHUTE, Wis., Aug. 14 / - 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 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 www.loansifter.com/.

Source: LoanSifter

CONTACT:
Pam Selker Rak of Communitech for LoanSifter
+1-412-221-4550
pam.rak@mktgcommunications.com

Web site: http://www.loansifter.com/

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