Lender Price's modern correspondent portal, CorrX, represents a new standard in mortgage technology, empowering lenders to grow their business and improve operational efficiency while offering a better experience to their clients.
PASADENA, Calif., Oct. 24, 2024 /PRNewswire-PRWeb/ -- Lender Price, a leading provider of mortgage pricing technology and capital markets solutions, is excited to announce the launch of its new correspondent portal, CorrX, an advanced platform designed to streamline the mortgage origination and loan purchase process for correspondent lenders. CorrX offers an integrated solution that simplifies the bidding and committing process and overall transaction flow between correspondent lenders and investors, enhancing efficiency and accuracy across the board.
CorrX is designed to serve the unique needs of correspondent lenders, offering a seamless experience that consolidates pricing and transaction management into one cohesive platform. With real-time pricing, and a suite of tools that enhance communication between lenders and investors, the new correspondent portal provides a comprehensive solution for the modern correspondent lending market.
Key Features of the Lender Price Correspondent Portal include:
- Real-Time Pricing Integration: Access to the latest pricing and eligibility criteria from multiple investors, ensuring precise, up-to-date loan pricing.
- Direct API integration: CorrX has direct API integrations with MCT and OB/ResiTrader which creates a seamless process for bidding and committing.
- Customized Import Maps: Individual bid maps can be created for each client providing flexibility to engage with your clients without having to make them change their current bid file.
- Reporting Dashboard: Customized reports are available for individuals, groups, or all clients displaying the key metrics of their activity.
- Transaction Management: Centralized communication tools and workflows that facilitate a streamlined loan sale process between lenders and investors.
Dawar Alimi, CEO of Lender Price, said, "The launch of CorrX is a significant milestone in our mission to transform the mortgage industry through innovative technology. We are dedicated to making it easier for correspondent lenders to originate, price, and sell loans, while improving speed, accuracy, and compliance across the entire process."
Lender Price's CorrX represents a new standard in mortgage technology, empowering lenders to grow their business and improve operational efficiency while offering a better experience to their clients.
For more information, visit www.lenderprice.com.
About Lender Price
Lender Price delivers superior cloud-native pricing technology to top banks, lenders, credit unions, and mortgage brokers. Built on a modern technology stack, our solutions are user-friendly, configurable, and easier to integrate, resulting in improved workflow and pricing efficiencies. Lender Price's advanced pricing technology, combined with its deep understanding of the lending landscape, sets us apart from the competition. Lender Price equips lenders and loan originators with fast access to thousands of loan programs, and a wide array of specialty loan products to help them win more business. Recognized by top industry publications and third-party partners, our award-winning pricing, product and eligibility (PPE) platform continues to lead the industry in advancing mortgage pricing technology. Visit us at https://lenderprice.com/ for more information.
Media Contact
Rick Webster, Lender Price, 1 626-486-0171, [email protected], www.lenderprice.com
SOURCE Lender Price
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