The Lender Price Marketplace pricing engine has grown rapidly since May 2019. Lender Price distributes the Marketplace pricing engine through a partnership with NAMB and its 6,000-plus mortgage broker members. Together, Lender Price and NAMB offer the Marketplace to all of its members at no cost.
Dawar Alimi, chief executive officer and founder of Lender Price, said: “We’re extremely pleased to partner with Home Point Financial. In just the past six months, we’ve grown our user base by 400 percent and have added numerous lenders to the Marketplace. This demonstrates the demand that mortgage brokers have for a convenient way to find loan products and lenders such as Home Point Financial that want to reach out to broader customer base.”Chasing rate forecasts wastes resources better spent on cold, hard business
Lenders and loan originators who listened to and relied on economists’ predictions hoped that lower rates would materialize all through 2023. Their disappointment carried through until September of 2024, when the Federal Reserve cut interest rates for the first time in four ...
Lackluster investor interest and industry consolidation are taking their toll on the market's liquidity
Mortgage credit declined sharply in November, with government indices reaching their lowest levels since 2012 according to updated figures from the Mortgage Bankers Association (MBA). Falling 3.3% to 95.9, November marks the fifth consecutive month of declines in the MBA’...
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