Nomis Solutions Introduces Margin Installer Dashboard and Adjusts Frequency of Mortgage Rate Data Updates – The Durango Herald

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SAN FRANCISCO, CA, Aug 25, 2021 (SEND2PRESS NEWSWIRE) – Nomis Solutions (Nomis), a global industry leading provider of pricing and profitability management solutions, recently introduced several enhancements to its mortgage technology solution, further expanding the market. smart and actionable pricing options are available to mortgage lending clients. The updated data frequency and expanded reach further enhance users’ understanding of the detailed pricing information needed to compete more effectively in local markets, while an all-new margin setting feature allows users to better maintain a strategic and competitive position in the market despite an ever-changing landscape.

The newly released intuitive margin dashboard allows mortgage lenders to maintain the most strategic position in the market every month. Using over 35 million pricing data that Nomis collects daily, Margin Setter provides users with visual guidance on where and how to adjust margins for eligible loan products based on their unique performance and benchmarking goals. These best practices can be easily applied as loan amount and government margin adjustments in the product margin management and user pricing engine (PPE) tools to ensure they maintain their desired position in all markets.

Nomis has also adjusted the frequency with which its solution updates its daily rate data to more closely match the update rate with dynamic market changes. In addition to this improved alignment, users now have access to data for an additional 30 New City Statistical Areas (MSA), allowing them to get even more detailed pricing information so that they can compete more effectively at the local market level.

“Our goal is to provide mortgage lenders with actionable and informed information from the first day they integrate with us so that they can make smarter and more profitable pricing decisions,” explained Prashant Balepur, senior vice president of products, Nomis Solutions. “With the addition of a margin tool and adjusting the frequency of our data updates, our users can now extract even more information on rates and prices, allowing them to further refine their pricing strategies based on local market conditions to achieve their best positioning goals.”

Nomis’s sophisticated mortgage technology solution delivers real-time pricing analytics and competitive intelligence, enabling leading mortgage lenders to identify and respond quickly to market opportunities, strengthen customer relationships, optimize internal operations and maximize profitability. With Nomis, mortgage lenders save time and resources, improve lead-to-bid conversion rates, and can more accurately identify and respond to profitable opportunities.

About Nomis Solutions

Nomis Solutions is a global, industry-leading provider of pricing and profitability management solutions that provides bankers and mortgage lenders with competitive intelligence to implement more advanced pricing strategies. The company’s analytics platform and pricing tools enable retail banks and mortgage lenders to achieve customer and borrower-centric pricing based on real-time, up-to-date data. The platform also supports banks and mortgage lenders in understanding and anticipating the changing demands of customers and borrowers, competitors and ever-changing market conditions. For more information visit http://www.nomissolutions.com/.

NEWS SOURCE: Nomis Solutions

This press release has been issued by Send2Press® Newswire on behalf of the news source (Nomis Solutions), which is solely responsible for its accuracy. Information believed to be accurate but not guaranteed. Story ID: 74511 APDF-R8.2

& Copy; 2021 Send2Press®, NEOTROPE® Press Release & Email Marketing Service, California, USA.

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