The companies aim to provide their mutual customers with a compliant and automated disclosure workflow
ClosingCorp has announced a partnership with OpenClose that would bolster its digital lending experience.
The companies announced the integration of ClosingCorp’s automated fee services with OpenClose’s consolidated loan origination (LOS) and digital mortgage point-of-sale (POS) platforms, LenderAssist and ConsumerAssist. OpenClose users can now instantly access and provide real-time, third-party provider rates and fees to borrowers through the integration.
“Our integration with ClosingCorp Fees bolsters our digital lending experience by providing real-time access to detailed loan fees, thus driving efficiency and eliminating costly cures,” said Vince Furey, chief revenue officer of OpenClose. “Ultimately, our partnership with ClosingCorp will help our mutual customers’ transition to accurate, compliant and automated disclosure workflow. Ensuring fee accuracy and compliance throughout the entirety of the mortgage process.”
“Having access to accurate and complete closing cost and property tax data streamlined directly into OpenClose’s LOS and POS technology platforms, puts the most timely and compliant information directly into the hands of loan officers,” ClosingCorp CEO Bob Jennings said. “We are excited that OpenClose has chosen to partner with us to help further increase the efficiency of its clients and ultimately deliver a superior streamlined borrower experience is vital and, with this integration, OpenClose heightens our already premier experience.”
