Pasadena’s Lender Price Launch Mortgage Analytics Program This Month

Pasadena-based Lender Price, an emerging leader in real-time, competitive mortgage analytics and product pricing and eligibility (PPE) solutions, has announced the launch of its PPE platform at the upcoming 2016 MBA Annual Convention in Boston, October 23 to 26.

“Technology that had just begun to shape the mortgage industry when the Great Recession struck remained stagnant for nearly a decade, leaving countless institutions with half-baked solutions,” said Lender Price co-founder and CEO Dawar Alimi. “By solving for the mortgage industry’s persistent point-of-sale problem, Lender Price aims to improve the mortgage experience for all industry stakeholders, from the consumer to the market maker.”

The PPE platform allows wholesale and correspondent lenders, banks, and credit unions to manage products and pricing for all mortgage types, while providing powerful performance features.

These features include real-time competitive analytics and reporting, customizable loan programs and eligibility, automated compliance checks, customized workflows, user and product level tracking, margin management, lock desk, and secondary marketing management.

“Traditionally, mortgage lenders have navigated pricing decisions with blinders on due to delays and lack of transparency,” Alimi said. “Lender Price was designed to optimize lenders’ ability to analyze pricing in real time by removing blind spots across all loan programs and competitors, allowing lenders to optimize their strengths and improve market share.”

Lender Price enables investors in the mortgage industry to identify opportunities and close the gap on technology and customer service. It makes use of advanced analytics to report on product search scenarios, allowing both loan originators and decision-makers to learn, adapt, and be profitable in the fluid mortgage marketplace.

Lender Price says its exhibit at the MBA Annual Convention will be at Booth 1431 in Exhibit Hall D, and its meeting room will be Beacon G.

Lender Price, with headquarters at 33 S. Catalina Avenue in Pasadena, is a big data technology innovator and developer of real-time mortgage analytics and a PPE platform that features full mobile functionality and unprecedented business intelligence. Lender Price allows lenders to focus on what they do best by removing the burden of technology development and management.

For more information, visit www.lenderprice.com or send an email to contact@lenderprice.com.