AAMG Rolls Out Broker Tool

ABN Amro Mortgage Group has rolled out an electronic mortgage broker tool to the market at large, and the company has more broker-oriented technology improvements in the works, AAMG executives told reporters at the National Association of Mortgage Brokers annual convention.Pricing Tool Only, which enables brokers to select their own settlement service providers and negotiate the associated settlement services costs, had been undergoing testing by AAMG before the marketwide rollout. In addition to expanding the availability of the tool, AAMG said it plans to make the management of settlement service providers easier for brokers. Company executives said this and other improvements to the company's automation are scheduled to be launched by the end of the year.