Financial News

Polly Doubles Down on New Lender Intelligence Product, Leveraging Advanced Data and Analytics to Drive Margin Expansion and Cost Reduction

Lender Intelligence platform builds on the company's existing multi-dimensional analytics layer, delivering real-time enterprise, competitive, and market insights

Polly, the leading provider of innovative mortgage capital markets technology, today announced the expansion of its robust analytics capabilities with the introduction of Lender Intelligence. Purpose-built using advanced data science and machine learning tools, Lender Intelligence delivers an unprecedented amount of visibility to stakeholders via dynamic and customizable dashboards that allow lenders to confirm current market standing, optimize margin and price strategies, reduce costs, and identify new trends and opportunities to drive bottom-line revenue.

Part of Polly's existing data and analytics toolset, Lender Intelligence provides lenders a holistic view of their business and the wider competitive landscape. Granular data visualizations illustrate competitor benchmarking data and indices, including:

  • Volume trends: The strength of lenders' origination volumes
  • Price comparison: How lenders are pricing loans relative to their competitors
  • Profitability: Insight into loan origination profit margins

Lender Intelligence can be used in conjunction with Polly's cloud-native, high-performance Product and Pricing Engine (PPE) and Loan Trading Exchange to facilitate informed, real-time, and data-driven margin and pricing decisions amid unpredictable market shifts. Lenders can also license Polly's raw data for use in tandem with existing in-house tools.

The introduction of Lender Intelligence is yet another illustration of Polly's position as the authority of mortgage data and market intelligence. The company recently announced a strategic collaboration with HousingWire, the leading source of news and information for housing and mortgage industry professionals. With real-time mortgage rate data powered by Polly, the new Mortgage Rates Center experience publishes the average rates at which borrowers are locking loans, rather than indicative loan pricing, providing users with a more granular understanding of the market. Further, Polly's cloud-native infrastructure uses the most cutting-edge technologies, enabling mortgage rate data to be updated hourly during market hours.

"Polly has already established an unmatched reputation by reinventing the PPE to prioritize flexibility, granularity, and scalability. In 2024 and beyond, we will only continue to advance this innovation-focused approach and its application to mortgage data and analytics," explained Adam Carmel, Founder and CEO of Polly. "The launch of Lender Intelligence further positions Polly as a trusted ally to lenders that are shaping the future of our industry."

Carmel concluded, "We truly believe this end-to-end approach to analytics represents the next era of mortgage innovation. After all, sales can be made or broken based on a single basis point in today's market. The optimal strategy for lenders looking to get ahead is to spot trends early and let data guide strategic decisions."

Polly continues to catalyze mortgage industry transformation, delivering unparalleled data and technology that fosters a culture of continuous improvement and innovation. Learn more about these advancements and Lender Intelligence next week, March 18-20, at ICE Experience 2024. Schedule a meeting here, or visit Polly in #X24 booth 221.

About Polly

Polly has revolutionized the mortgage industry with its modern, data-driven capital markets ecosystem. Banks, credit unions, and mortgage lenders nationwide trust Polly’s Product and Pricing Engine (PPE), Loan Trading Exchange, and actionable data and analytics to automate and optimize the entire capital markets value chain, helping their secondary teams operate faster, smarter, and more profitably. Polly was founded in 2019 by a seasoned team of technology and mortgage experts and is headquartered in San Francisco, California. To learn more, follow Polly on LinkedIn or visit www.polly.io.

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