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Rocket Pro TPO has introduced a new loan level pricing tool, Target Profit Control, which it says will help brokers meet profitability targets on every correspondent loan. So reports The Mortgage Note.
Mike Fawaz, executive vice president at Rocket Pro TPO, told the website that “it’s something that puts brokers in a position to really go out there and win with loan officers and really be efficient.”
Fawaz said that among confidence-boosting features for brokers, Target Profit Control eliminates the need to monitor points and discounts.
