Macro Scheduler Locks Loans Automatically for Mortgage Brokers
MJT Net released Macro Scheduler, an application that automates the repetitive steps taken by mortgage brokers to “lock” loan rates for customers, according to a corporate release. Traditional loan locking processes can take up to 40 minutes per loan, but MJT claims that the new application can shave the time down to five minutes. The software erases the need to manually read internal data, visit external Web sites and entering that same data on multiple forms. According to the release, one broker claimed to lock 75 loans in a single day with only one person in the company’s secondary office. MJT develops software for automation, scripting and testing for Windows. Its Macro Scheduler allows users to record a sequence of events, key strokes, mouse events and window activations, to create a macro that can be played back automatically. The application can schedule macros to run at any time of day on an unattended basis. Write to Jon Prior.