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Article: Dorado introduces PriceMaster 4.0.
- Article from:
- Mortgage Banking
- Article date:
- May 1, 2006
CopyrightCOPYRIGHT 2006 Mortgage Bankers Association of America. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Dorado Corporation, San Mateo, California, has introduced PriceMaster[R] 4.0, a networked pricing engine and loan product catalog for the home-lending enterprise.
PriceMaster was designed from the ground up to address the specific needs of the mortgage industry, enabling business users to rapidly create new loan programs and risk-based pricing that can be quickly delivered to every channel and business unit with no information technology (IT) involvement, according to Dain Ehring, chief executive officer of Dorado.
"Unlike general-purpose rules management or artificial intelligence frameworks that have to be customized for the lending domain, ...