California-based data technology developer Lender Price says it has integrated with Ernst Publishing, a provider of mortgage fee data for the real estate and home finance industry.
According to Lender Price, the integration allows the company’s pricing engine to return Ernst closing cost quotes instantly, ensuring accurate settlement fee data is transmitted for each loan quote.
The company notes Ernst fee data is also accessible from within its application program interface, providing flexibility for lenders to choose the applicable fees by client.
“At Ernst, it has long been our mission to offer every lender their fees, their way, whether that be through a direct XML interface, a mobile app or their loan origination technology,” says Gregory E. Teal, president and CEO of Ernst. “We congratulate Lender Price on its growth in the market, and we’re proud to offer every lender using that technology access to guaranteed accurate closing costs through this new integration.”
The Lender Price product pricing and eligibility functionality includes features such as customizable loan programs and eligibility, historical pricing, correspondent/holdback management, a rate sheet generator, and more.