About

Four decades. Four engines.
One platform.

PPE1 isn't a first attempt. It's the fourth-generation Program & Pricing Engine from a builder who has spent forty years in mortgage banking and shipped a new pricing engine in nearly every era of the industry. PPE1 distills all of it into a single modern platform — and offers it for acquisition or open-source license.

By Mortrax Corporation 40+ years of domain depth Modern engineering

A lineage of pricing engines

Each generation learned from the last. PPE1 is the sum of all four.

1
The Engine
1997 · first PPE of its kind
2
Mortgage Simple
2003 · early web SaaS
3
iMort®
2006 · 2,200 users, 1M+ loans
4
PPE1™
2022 · modern platform

In 1997, "The Engine" was a first-of-its-kind Program & Pricing Engine — five years ahead of the first enterprise SaaS in the category. iMort® followed and grew to 2,200 users processing over a million loans before its technology was sold in 2019. PPE1 is the next chapter: the same hard-won domain knowledge, rebuilt on a modern, ownable stack. See the full timeline →

Where most platforms have one, PPE1 has both

Deep domain expertise and a modern, maintainable codebase — rarely found together.

Domain depth
Built by an expert

Every business rule was designed and validated by a 40-year mortgage banking veteran — including the edge cases only an industry insider knows. The hard part of a pricing engine isn't the code; it's knowing what's correct.

+
Modern engineering
Built to be owned

.NET and React on a clean, documented, forensically-reviewable architecture — so the expertise isn't locked in a black box, but in a system your team can read, run, and extend.

Mortrax Corporation

A family of mortgage-technology brands, one founder, one standard.

The swan song — and it's for sale.

Acquire the platform or license the source. Let's talk about which fits your organization.

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