Data-Vision Touts Instant LP Loan Approval

Touting itself as only the second vendor to do so, Data-Vision Inc. has announced the creation of a new interface with Freddie Mac's Loan Prospector to create integrated automated underwriting for consumer-facing mortgage websites.The solution is being offered on an application-service-provider basis to Data-Vision's 200 lender customers. The Mishawaka, Ind.-based company said lenders using its LoanQuoter.com can let consumers know in seconds whether their mortgage loan is approved before entering borrower data into the lender's loan origination system. Data-Vision can be found on the Web at http://www.d-vision.com.

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Mortgage technology
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