Netupdate Adds Features to LOS

features to Originator Pro, its flagship point-of-sale system for mortgage professionals.The enhancements include Good Faith Estimate and Truth-in-Lending disclosure documents; Express Pre-Approval Application, powered by Fannie Mae; enhanced loan file export functionality; loan program database and closing cost templates; and simplified pipeline management. "This new version places the must-have sales tools into a single interface enabling loan officers to reduce the time to approval," said Diane Holmstrom, Netupdate's chief executive officer. Express Pre-Approval Application, an optional module, enables the loan officer or borrower to enter limited financial information, obtain a pre-approval decision from the lender online, and if pre-approved, print out the pre-approval letter in minutes, the company said. The company can be found online at http://www.netupdate.com.