Lender Price has added Home Point Financial, a national mortgage originator and servicer, to the Lender Price Marketplace pricing engine.
Introduced in May, the Lender Price Marketplace is a go-to resource for mortgage brokers to search prevailing pricing from multiple wholesale lenders.
The addition of Home Point Financial increases the total number of wholesale lender partners to 25.
“The mortgage broker market is thriving and we aim to service them in many ways,” says Paul Wyner, senior managing director at Home Point Financial, in a release. “The Lender Price Marketplace is a valued tool for brokers and we see this partnership as an opportunity to increase our visibility and satisfy the needs of our existing customers.”
Lender Price distributes the Marketplace pricing engine through a partnership with the National Association of Mortgage Brokers (NAMB), an industry trade group with over 6,000 mortgage broker members.
Together, Lender Price and NAMB offer the Marketplace to all of its members at no cost.
In April, Home Point Financial announced that it had acquired the wholesale division of Platinum Mortgage Inc., including Platinum’s sales team and its Madison, Ala.-based operations group.