Every loan, every investor, every LLPA.Priced without misses, and shown.
N-to-N pricing runs each loan against every investor you sell to at once. Every adjustment is applied and traced to the rate sheet, every eligibility rule to the guideline page, and the sheets and guidelines are loaded in hours.
- Priced at once for each loan (N-to-N)
- Every investor
- Applied, shown and traced to the sheet
- Every LLPA
- To ingest rate sheets and guidelines
- Hours
- For every exception, with the reason
- Right approver
One scenario, every investor.No more pricing one sheet at a time.
Enter the loan once. Secondarymkt prices it against every investor's freshest sheet and shows the best product, rate and net price for each.
Every investor's best product for the same loan.
Each investor's freshest sheet is applied to the scenario and the engine verifies the best eligible product, its rate and net price. Investors whose guidelines rule the loan out drop to the bottom with the reason.
- Best product per investor, verified against eligibility
- Net price after every adjustment
- Sheet time shown for each investor
- Ineligible investors listed with the rule that excluded them
Par rate, price at your rate, and the winner at every rate.
The pricing results show the par rate, the price at the requested rate and a best-execution ladder naming the winning investor at every rate, so the desk can quote any point on the curve.
- Par rate per investor
- Price at the requested rate
- Best-execution ladder with the winner at each rate
- Export to Excel
Change one input.Watch every investor re-price.
An illustrative version of N-to-N pricing with fictional investors and adjustments. Open a row to see every adjustment behind the price.
Every adjustment applied, and shown.Traced to the cell it came from.
Missed LLPAs are lost margin. Every price breaks down into its base price and each adjustment, each one traced back to the rate sheet.
See every investor that beats your current one.
Pick the investor you're about to lock with and see every other investor's best price for the same loan ranked against it, with the cost or credit and the adjustments behind each number.
- Every investor ranked by price at the chosen rate
- Cost or credit to the borrower per investor
- Total adjustments per investor, itemised on expand
- Investors pending setup flagged rather than hidden
Products and investors side by side.
Line up products from different investors for the same loan at every rate. Par is marked, the best price per rate is highlighted, and the quote you send is saved.
- Three products side by side at every rate
- Par marked per product
- Best price per rate highlighted
- Saved quotes for every scenario
Ask why a price is what it is.And what would change it.
Answers come from today's sheets: the adjustments itemised, changes tested and the one worth making proposed, for a person to approve.
An answer you can check, and a change you can approve.
Ask why one investor leads or what would improve the price. The scenario is priced, the adjustments at the top investors itemised, alternatives such as a shorter lock or a lower LTV tested, and one change proposed with the before and after price.
- Explains the gap between investors line by line
- Tests lock period, LTV and loan amount changes against today's sheets
- Shows how many investors stay eligible if you approve
- Proposes, never applies, a change without approval
Every rate sheet and guideline ingested in hours.Not the months a typical PPE takes.
Every investor's sheets are collected by email, portal or link, and the guidelines read, so eligibility rules point to the page they came from.
Every sheet, collected and parsed as it lands.
Each investor's sheets are picked up wherever they arrive and every grid and adjustment parsed. Freshness is tracked per investor, so the desk knows which prices are current.
- Sheets collected by email, portal or link
- Every grid and LLPA parsed
- Freshness per investor, with re-prices flagged
- Eligibility rules traced to the guideline page
Exceptions go to the right approver.With the reason and the audit trail.
Exceptions and over-limit locks route to the person who can approve them, with the terms and the reason. Nothing is submitted before a person approves.
Also in the pricing engine
- Saved quotesEvery scenario you price can be saved and sent.
- Export to ExcelAny pricing result, ready for the desk's own models.
- Loan-level pricing from the pipelinePrice a loan straight from the Encompass pipeline.
- Lockable todayEach unlocked loan's best investor and price in the pipeline.
- Audit trailEvery price, answer and approval recorded.
- Read-only LOS by defaultPricing reads Encompass; nothing writes back unless you turn it on.
- Lock deskRequests read, priced and locked after you approve.
- HedgingPosition, coverage, trades and BE vs mandatory per loan.
- Secondary MKT AdvisorsAdvisory and loan sales: bids, commitments, investors.
- IntegrationsYour LOS, rate sheets and guidelines connected in hours.
- CompareSecondarymkt against the best alternatives.
Bring us your next lock request.We'll walk it to confirmation.
A working session on your own loans and investors.
- A person approves every lock
- LOS read-only by default
- Encrypted credential vault
- Full audit trail