WMC Mortgage to Offer Pre-Quals by PDA

In May, WMC Mortgage, now a GE company, will launch a pre-qualification program that loan officers can access on their BlackBerrys and other hand-held devices.Already launched internally for use by WMC account executives, pre-quals will soon be offered to its approved brokers. The Woodland Hills, Calif.-based subprime wholesaler will start tracking conversions from pre-quals to actual submissions and funded loans once it is pushed out to the loan officers. For a test ride, go to http://www.wmcmortgage.com/prequalm. (If the screen looks strange, that's because it was designed for a personal digital assistant instead of a personal computer.) WMC Mortgage can be found online at http://www.wmcdirect.com.