Integration of Lender Price product and pricing engine enables CMS clients to source, price and lock mortgage loans in real time.

Join industry visionaries Pete Flint, Spencer Rascoff, Ryan Serhant and more at Inman Connect New York, Jan. 24-26. Punch your ticket to the future by joining the smartest people in real estate at this must-attend event. Register here.

Mortgage loan origination and servicing software provider Constellation Mortgage Solutions (CMS) has partnered with product and pricing engine Lender Price to enable clients to source, price and lock loans in real time.

CMS, which was known as Mortgage Builder when it was acquired in 2019 by Toronto-based Constellation Real Estate Group (CREG), rebranded in April as part of a push to be seen as the “gold standard in mortgage origination tech” with this month’s launch of its new loan origination system (LOS), NOVA.

The integration of Lender Price with NOVA gives users access to a cloud-based product and pricing engine (PPE), automated underwriting system (AUS) and analytics suite, the companies said in announcing their partnership Tuesday.

Stephen Ryczek

“Every integration we make is designed to bring our lenders best in class fintech, and our partnership with Lender Price is the latest example,” CMS President Stephen Ryczek said in a statement. “In our search for an exclusive PPE partner, Lender Price demonstrated the best-in-class solution for our new LOS, NOVA, and fully aligns with our vision for the future of loan origination that outperforms all of our competitors.”

Mortgage product pricing engines automate the process of providing borrowers with personalized loan options based on their credit, income and other unique circumstances, allowing them to lock rates. Lender Price is a cloud-native, software-as-a-service (SaaS) pricing engine.

In partnering with CMS, Lender Price beat out rival PPE solutions like Black Knight’s Optimal Blue, Zillow Group’s Mortech and OpenClose’s DecisionAssist. Black Knight also provides a product and pricing engine within its Compass loan origination system, as does ICE Mortgage Technology, provider of the Encompass loan origination system.

Launched in 2015 and based in Pasadena, California, Lender Price claims to be the most flexible pricing engine on the market, providing product pricing and eligibility for all loan types including non-conforming, non-QM, hard money and home equity programs.

Dawar Alimi

“We are absolutely thrilled to partner with Constellation Mortgage Solutions,” Lender Price founder and CEO Dawar Alimi said in a statement. “Together, we are dedicated to providing our users with the best pricing technology in lending. Our combined efforts will help drive a superior user experience for CMS clients.”

Southfield, Michigan-based CMS’ parent company, Constellation Real Estate Group owns a portfolio of brands including Market Leader, TopProducer, Real Estate Digital (RED), Smartzip and Constellation1, which in April signed a deal with Redfin to power home search and other listing services in the company’s new markets.

CREG is a division of Constellation Software Inc., a company traded on the Toronto Stock Exchange with a market capitalization of $29 billion ($39.8 billion Canadian).

Get Inman’s Extra Credit Newsletter delivered right to your inbox. A weekly roundup of all the biggest news in the world of mortgages and closings delivered every Wednesday. Click here to subscribe.

Email Matt Carter

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
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