The integration allows the Lender Price pricing engine to return Ernst closing cost quotes instantly, ensuring accurate settlement fee data is transmitted for each loan quote. Ernst fee data is also accessible from within the Lender Price application program interface, providing flexibility for lenders to choose the applicable fees by client.
“At Ernst, it has long been our mission to offer every lender their fees, their way, whether that be through a direct XML interface, a mobile app or their loan origination technology,” said Gregory E. Teal, President and Chief Executive Officer of Ernst Publishing. “We congratulate Lender Price on its growth in the market and we’re proud to offer every lender using that technology access to guaranteed accurate closing costs through this new integration.”
Lender Price PPE functionality includes:
- Real-time, competitive analytics and reporting
- Customizable loan programs and eligibility
- Full eligibility on all available products, prime and non-prime/ non-QM
- Lock desk
- Historical pricing
- Pipeline manager
- Comp plan management
- Correspondent/ holdback management
- Margin management
- Dynamic, live program creation & pricing
- Rate sheet generator
- Secondary buy / sell
- Rate alert triggers, and
- Native mobile app
About Lender Price
Lender Price is a California-based big data technology innovator and developer of a real-time, competitive mortgage analytics and product pricing & eligibility (PPE) platform complete with full mobile functionality and unprecedented business intelligence. With Lender Price, wholesale and correspondent lenders, banks, and credit unions can knowledgeably manage product pricing for all mortgage types: conforming, non-conforming, non-QM, and specialty loans. The PPE platform delivers innovative features that include built-in compliance checks, secondary marketing tools, margin management, lock desk, customized workflows and mobile app.
For more information, visit https://lenderprice.com/ or send email to: Contact@LenderPrice.com.
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SOURCE Lender Price