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by CareyBot

Online mortgage lead generator LION Inc. -- the company behind the Web site Mortgage101.com -- says it has signed up five new lenders as clients. The lenders were not named. Seattle-based LION said three of the new clients had signed up to use Precision MTS, a suite of products designed to drum up business while reducing transaction costs. Precision MTS includes wholesale, retail and correspondent lender Web sites; productivity software; interest-rate risk management technology; and a product eligibility and pricing engine designed to provide access to real-time price information to manage loan registration and interest-rate-lock transactions. LION said it also signed two hedge advisory customers for its Tuttle Risk Management Services product, designed to help financial institutions tha...