CONNECTING THE DIGITAL LOAN MARKETPLACE: ADVANCED APIs

| February 27, 2018

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Over the past ten years, spurred by the financial crisis and technological innovation, the process by which most mortgage loans are priced has changed dramatically. This new reality has demanded that lenders examine legacy processes to remain compliant and competitive. Today, lenders increasingly rely on advanced technology services from specialized firms to source loan program and price data from investors, analyze product fit and deliver best execution pricing consistently across their organization. Such firms may also provide workflow software to manage locks and pipeline risk, enabling lenders to automate the secondary marketing function. In effect, these technology providers are uniting loan buyers and sellers in digital loan markets and surrounding them with value-added functionality. This whitepaper examines how the digital loan marketplace has become a permanent part of the lending technology landscape, and why successful lenders are embracing it.

Spotlight

Ascend Funding, LLC

We work with hundreds of small business all over the United States across multiple industries, helping them achieve long term success. We are the private brokers small business owners turn to when they are looking to grow. We offer connections to merchants looking for working capital alternatives with lenders that can provide them with funding solutions. Most of our merchants receive funding in as little as 24-72 Hours. Our experienced agents will work diligently to make sure you get approved for the offer that best matches your business needs. After you accept your offer, you can start investing your working capital in growing your business.

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