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| Astera Announces Loan Acquisition Manager Astera Software announces the launch of Astera Loan Acquisition Manager (ALM) 2.5, a procurement product for the acquisition of whole loan pools and servicing rights. ALM 2.5, which will be released in April 2006, allows buyers of loans to analyze incoming loan data, to price and adjust pricing of loans, and to make bids in minutes, facilitating a prompt response and quick turn around. In addition to calculating alternative prices, such as those of their competitors, ALM can also give buyers an edge over other purchasers on price, as well as quickness of response. ALM's data transfer utility can also be used by servicing acquisition groups to crack purchase tapes from multiple brokers and sellers as well as validate, transform and map data to mortgage servicing and financial systems, ensuring high levels of data integrity and automation of many manual tasks. write your comments about the article :: © 2006 Computing News :: home page |