Dallas-based Sollen Technologies, an Internet-based application services provider of product, pricing, and best execution capabilities for the mortgage industry, has announced the completion of phase 1 and phase 2 upgrades to its distributed pricing engine.The upgrades will enable the engine to support many new investors, the company said. "We currently have 40 investors, most of which are major players in the industry, and are aggressively pursuing new ones based on requests from our clients," said Andrew Marsanick, Sollen's executive account manager, at the Mortgage Bankers Association's National Secondary Market Conference & Expo in Chicago. "Sollen can help build a client base for any investor when tapping into our database of tens of thousands of users." Mr. Marsanick added that a good working relationship between Sollen and an investor can lead to improved information accuracy, resulting in more locked loans through the receipt of timely data. The company can be found online at http://www.sollen.com.
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