Nomis Solutions Recognized as 2021 Innovations Winner by PROGRESS in Lending

Nomis Solutions, an industry-leading pricing and profitability management solutions provider, announced today that the company’s flagship product, Nomis Mortgage, was named a “Top Innovation” by PROGRESS in Lending Association at its 11th Annual INNOVATIONS Award Event.

For over a decade, the Innovations Award program has celebrated those companies working to develop significant, industry-changing innovations. This year’s ceremony recognized the best innovations introduced in 2020 as well as honored companies offering noteworthy enhancements and updates to existing solutions that created positive improvements for the mortgage space.

The awards were scored on multiple categories, including the innovation’s overall industry significance, the originality of the innovation, the positive change that the innovation made possible, the intangible efficiencies gained because of the innovation as well as the tangible cost and time savings made possible by the innovation. Recognized as a true industry innovation, Nomis Mortgage received top marks as a comprehensive, powerful analytics suite for banks and lenders.

“The awards were created to honor new entrants and products in the market each year as well as to recognize veteran innovations that continue to advance and progress with the ever-changing needs of mortgage professionals,” according to Tony Garritano, Founder of PROGRESS in Lending Association.

Garritano continued, “Our team felt that Nomis Mortgage has proven to be a key leader in providing in-depth market intelligence and should be recognized as such. The innovation truly offers lenders and loan officers access to real-time information on mortgage pricing, a better understanding of price sensitivity by region, product, and borrower to avoid over or underpricing, and the ability to achieve more margin and volume by reaching the right borrower at the right time with the right offer.”

“We are thrilled that PROGRESS in Lending recognized Nomis Mortgage among the top innovations in the mortgage industry this year,” said Frank Rohde, President and CEO at Nomis Solutions. “At Nomis, our goal is to continually evolve to meet the needs of the industry. Nomis Mortgage was created to help loan officers effectively become a trusted partner by providing the ability to analyze local offers and rates, understand offer details, including points, fees, and monthly payments as well as evaluate market activity at a national and regional level–and then, communicate that effectively with their borrowers.”

To see the video of this year’s ceremony and a full list of the winners, visit the association’s website.