Profit & Revenue Management (PRM) represents the "next generation" of Pricing & Product Engine (PPE) technology. Mortgage Spirit blends traditional PPE functionality with the specific profit goals of your organization. This provides a powerful tool to insure accuracy throughout every facet of your organizations pricing model. In short, you define what you want and Mortgage Spirit does all the work.

This technology is highly relevant in today's mortgage reform marketplace. As of January 1st, 2010, HUD is requiring a new GFE format along with requirements that the GFE matches the Hud-1 at closing. If the GFE is inaccurate, the Loan Originator is at risk for "tolerance loss" and is required to refund profit within 30 days of closing.

Mortgage Spirit will help you preserve accuracy between the GFE and HUD-1 with the powerful Profit & Revenue Management (PRM) engine. Take control of your profitability with Mortgage Spirit's Profit & Revenue Management (PRM) technology. With Mortgage Spirit the GFE will equal the HUD-1.

Best Execution Pricing is the foundation of every Pricing & Product Engine (PPE): accuracy, availability, best price ranking and quick filtering of products. Mortgage Spirit provides all of these functions within its powerful technology in a simple & easy to use framework. Additionally, Mortgage Spirit provides efficient updates to market changes and investor guideline changes. This provides the security you need to insure accuracy on every requested price.

On January 1st, 2010, HUD is requiring a new three-page format for the Good Faith Estimate. The Mortgage Industry has expressed significant concern in regards to the complexity, difficulty, and cumbersome nature of the NEW 2010 GFE. The new three-page page format represents a framework that loan officers are forced to adopt. This update could cause significant delays and loss of revenue.

Mortgage Spirit provides a simple and easy to use platform that helps loan officers create and manage Good Faith Estimates (GFEs) in seconds (not hours).

Mortgage Spirit is a Boutique Technology Vendor. This means taking a personal approach to every client and opportunity. Mortgage Spirit desire is to build a community of healthy, profitable, ethical, abundant and happy client partnerships. Let Mortgage Spirit help your organization solve & overcome difficult challenges. Boutique solutions include:

  • Profitability Consulting
  • GFE = HUD-1 Analysis
  • Compliance Quality Control
  • System Administration
  • Realtor Awareness Training
  • Wholesale/TPO System Training
  • Sales Development & Support
  • Custom System Integration