Principal Residential Mortgage Inc. is including price information for correspondents on its Web home page, the company announced.

"About 80% of our correspondents told us they were interested in seeing, printing, and downloading rates electronically, so we developed this system to meet their needs," said Phil Kuhn, vice president of Principal's correspondent lending division. He said he encouraged potential correspondents to browse the site to check on pricing.

Principal Residential, which had originations of $3.5 billion last year, is a unit of Principal Financial Group, a diversified insurance and financial services company.

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