Irvine, Calif.-based Portellus has just announced its entry into the market for wholesale origination websites with a feature-rich broker portal module.The new offering boasts a "very customizable" front-end user interface coupled with Portellus' existing loan file workflow and advanced business rules management system, the company said. Portellus' Mortgage Solutions Framework offers a complete suite of mortgage processing modules that can be implemented individually or integrated, extending from point of sale to secondary marketing and servicing. The system can be brought in-house or used on a hosted basis. To enable easy customization, user interface screens are built independently of validation, decisioning, and workflow logic. Features includes broker portal administration, risk-based pricing, and broker-specific promotions. The company can be found online at http://www.portellus.com.
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The companies anticipate they will submit a joint stipulation of dismissal with prejudice within 45 days, according to a document filed Friday.
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