Industry NewsMortgage

RateSpeed rolls out mortgage pricing tool

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Published on Jun 17, 2008

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A new mortgage pricing tool, RateSpeed.com, went live this week promising to show consumers wholesale rates and yield spread premiums lenders pay to mortgage brokers -- without asking for their personal information.

Participating loan originators and mortgage brokers must also disclose their fees, ensuring a transparent process, said developer Jeff Corbett.

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