You Support your brokers. Let Metavante
Support you.

The Wholesale Origination Web site is a comprehensive,
Web-based mortgage origination tool specifically
designed to support wholesale and correspondent
mortgage lenders by streamlining the lender/broker
relationship. The Wholesale Origination Web site
automates the mortgage origination process, enabling a
broker to manage all aspects of the application process,
from lead through submission.

Designed by mortgage professionals for mortgage
professionals, the Wholesale Origination Web site is an
interactive, secure, broker-centric system designed to
provide self-service for a lender’s wholesale broker
community.

Market-Proven Solutions with Metavante
Technology

• Over 20 years of mortgage technology experience
• Approximate savings of over $200 on every closed loan
• Supports all loan types, including conventional and sub-prime
• Rapid implementation and deployment
• Major lender client base

Web Site Functionality

All features of the Wholesale Origination Web site have
been designed to mirror the loan origination process,
enabling the broker to:

• View real-time loan status information, condition
  details, and loan notes directly from the Metavante Loan Origination Studio (LOS) product
• Efficiently store and manage an entire pipeline of loans
• Create applications directly via the Web site or
  upload applications from existing loan origination systems
• Run modeling and pricing scenarios
• Register a loan or lock a rate
• Order credit reports from major credit bureaus
• Submit applications to automatic underwriting
  systems (AUS)
• Submit change requests
• Electronically submit an application to a lender
• Monitor ongoing loan status
• Instantly access current rate sheets and other
  information
• Print mortgage documents, including 1003, GFE,
  TIL, credit reports, and AUS results

	Printer ready version
	Key Features

Benefits and Features

• Automated Decision Engine – Delivers multiproduct, real-time, risk-adjusted eligibility, pricing, and qualification. Improves broker satisfaction and customer lead conversion rates by providing instant decisions at the point of sale.
• Fannie Mae (DU) and Freddie Mac (LP) Connectivity – Get an automated underwriting
  decision in seconds. Link to AUS for instant
  approval.
• Lender-Specific Conditions/Stipulations – Enables broker to inform borrower of any additional conditions for eligibility. Lender has the ability to customize loan product and transaction-specific conditions for display to the broker.
• Independent Credit Orders – Provides instant access to credit reports from all major credit bureaus. Users can request independent credit reports, separate from AUS.
• Comprehensive Loan- and Transaction-Type Capacity
• Loan Types: Conventional, sub-prime, conforming, non-conforming, and interest-only
• Transaction Types: Purchases, second mortgages, and refinances
• LOS Application Integration – Instant conversion capabilities make the lender’s software attractive to a broker. Includes upload of previously keyed loan applications from existing loan origination systems.
• Pipeline Tool – Efficient pipeline management will yield greater closing results. This comprehensive business management tool supports all aspects of a broker’s loan pipeline.
• Registration and Rate Lock Requests – Provides quick and efficient communication with the lender on behalf of the customer. Brokers may register a loan and/or lock a rate electronically, without entering a complete application.
• Modeling and Pricing Scenarios – Brokers can perform multiple “what-if” scenarios with basic application data. Includes a modeling and pricing tool for testing a sub-set of customer data against multiple loan products.
• Validation Feature – Only complete applications can be submitted to the lender and/or AUS, saving time and ensuring accuracy. An intuitive auto-edit process ensures all required data elements have been completed.
• Exception-Handling – Brokers may identify scenarios outside of guidelines. Lenders receive these applications marked as exceptions. They also have the ability to create specific rules for exceptions.
• Loan Status – Brokers are kept up to date on loan status information after submission to a lender. Lenders are provided with options to handle the display of post-submission loan details to brokers.