Partnership Aims To Enhance Mortgage Technology And Secondary Marketing
Constellation Mortgage Solutions (CMS), a provider of enterprise mortgage loan origination and servicing software systems, launched a new partnership with Lender Price, a provider of 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-native 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.
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