The Gold Standard in Mortgage Lending Joins Forces With the Unrivaled Product Pricing Engine in the Mortgage Industry
SOUTHFIELD, Mich. , Oct. 11, 2022 /PRNewswire-PRWeb/ -- Constellation Mortgage Solutions (CMS), a provider of enterprise mortgage loan origination and servicing software systems, announced today a new partnership with Lender Price, the disruptor in mortgage product and pricing engines. This partnership enables CMS users to streamline the loan process by calculating pricing scenarios for all product channels, retail, wholesale, and correspondent, to provide lenders with the best tool to assist borrowers.
Lender Price is a cloud-based software-as-a-service (SaaS) pricing engine designed to help lenders easily manage and streamline mortgage processes, including origination, pricing, underwriting, and secondary marketing. Lender Price's modern and proven PPE was built by industry veterans who understand the needs of the lending community. The solution has been providing lenders of all sizes with access to all loan types, including non-QM, non-agency, and home equity programs since 2015.
The integration with Lender Price ensures that CMS users can adapt to the rapidly changing mortgage market. This integration provides CMS clients with access to comprehensive, accurate content, enabling users to source, manage, price, and lock loans in real-time. The pricing engine will be fully integrated with NOVA - CMS' new LOS. NOVA is a new dynamic loan origination system that combines a trusted end-to-end enterprise solution with a cloud-based platform and a dynamic UI experience. NOVA and Lender Price provide lenders with a modern seamless solution to originate and price loans.
"Every integration we make is designed to bring our lenders best in class fintech, and our partnership with Lender Price is the latest example," said Stephen Ryczek, Constellation Mortgage Solutions President. "In our search for an exclusive PPE partner, Lender Price demonstrated the best-in-class solution for our new LOS - NOVA, and fully aligns with our vision for the future of loan origination that outperforms all of our competitors."
"We are absolutely thrilled to partner with Constellation Mortgage Solutions. Together, we are dedicated to providing our users with the best pricing technology in lending. Our combined efforts will help drive a superior user experience for CMS clients," said Dawar Alimi, CEO and Founder at Lender Price.
About Constellation Mortgage Solutions Inc.
Constellation Mortgage Solutions provides industry-leading lending technology solutions through its products: NOVA, Mortgage Builder LSS, and ReverseVision LOS. As the Gold Standard for mortgage solutions, CMS offers Lenders of all sizes enterprise technology empowering Lenders on the front lines with innovative solutions designed to deliver exceptional loan quality, regulatory compliance, and drive profitability. CMS has been working for more than two decades to help mortgage professionals streamline operations and close more loans faster to increase ROI. constellationsolutions.com
About Lender Price
Lender Price delivers a cloud-based product and pricing engine (PPE), automated underwriting system (AUS), and analytics suite to top banks, lenders and credit unions. Built on a modern tech stack, our solutions are faster, more configurable, and easier to integrate, which drives workflow efficiencies, compliance, and price optimization. More information can be found at lenderprice.com.
Media Contact
Jennifer Wolverton, Constellation Mortgage Solutions, 9472220056, [email protected]
SOURCE Constellation Mortgage Solutions
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