Netupdate, Ignition Link Pricing, POS Tools

Netupdate Inc., Bellevue, Wash., and Ignition Mortgage Technology Solutions Inc., Sausalito, Calif., have announced that Netupdate will add Ignition's LockPoint Xtra pricing and distribution tool to its Originator Pro point-of-sale system.In addition, Ignition announced that its Loan Officer Plus loan origination system is being discontinued, but that users can now migrate to Originator Pro using the new LOP Migration Program from Netupdate that incorporates data migration, software installation, and product training with "minimum impact to a lender's back-office operations." LockPoint Xtra enables lenders to operate on a single technology platform that supports correspondent, wholesale, retail, and consumer-direct lending, the companies said. "LockPoint Xtra eliminates the need to have separate pricing and product systems for the lender's other origination channels," said Diane Holmstrom, Netupdate's chief executive officer. The companies can be found online at http://www.ignitionmts.com and http://www.netupdate.com.