LION Enhances Pricing/Productivity Software

LION Inc., Seattle, has announced the introduction of a new version of its LION Pro Internet software that boasts enhancements to its pricing and productivity features.LION has added programs and pricing for 29 wholesale and correspondent lenders to its lender pricing database, which now includes 12 of the top 15 correspondent lenders in the United States (based on 2002 origination volumes), the company said. The new version incorporates additional search parameters, such as FICO scores and prepayment penalties, and the company has merged its productivity and management tools into a common interface to enable customers to more easily manage leads, rates, users, and websites, LION said. "By adding tools for midsize and large mortgage companies, along with the ability to quote correspondent and risk-based pricing, we've expanded this product's potential market to over 100,000 originators," said David Stedman, LION's president and chief executive officer. The company can be found online at http://www.lioninc.com.