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 that originate and sell loans in the secondary market manage risk. The two unnamed lenders together generate more than $120 million in mortgage volume, Lion said in a press release.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription