Innovating Mortgage Technology: Flexible Decisioning for Every Loan Type

Derek Long, COO of LoanPASS, discusses revolutionizing mortgage technology with flexible decisioning engines that handle everything from reverse mortgages to construction loans. He shares his 33-year innovation journey, unique use cases like FICO's 10T score integration, and his vision for AI-enhanced lending across all financial products.

7 Key Takeaways

1. LoanPASS enables lenders to configure custom lending products without engineering involvement, reducing implementation time from months to minutes for pricing changes.
2. The platform supports non-traditional mortgage products including reverse mortgages, construction loans, and non-QM lending with side-by-side comparison capabilities.
3. LoanPASS became the first pricing engine capable of ingesting FICO's new 10T score and demonstrating it alon ...