PCLender Releases Warehouse Line Tools

Honolulu-based PCLender.com has just released warehouse line and loan reconciliation tools that enable midsize mortgage lenders to reconcile the true profitability of loans more accurately from the InHouse Mortgage enterprise lending platform, according to Lionel Urban, founder and president of the company.Offered on a hosted basis, the warehouse line tools offer to incorporate every aspect of pricing, including fees collected directly from the borrower at closing, secondary-marketing data, interim servicing interest and fees collected, principal paydowns, and interest and fees paid to warehouse lines and impounds. The PCLender.com fully hosted InHouse Mortgage platform integrates the functionality of up to eight different systems, depending on the needs of the lender. The company can be found online at http://www.pclender.com.