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Tag Archives: OpenClose

OpenClose Recruits LOS Development Expert

LOS

Joseph Wade's expertise in LOS systems will help OpenClose to further innovate and enhance its existing software solutions. He will play an integral role in software innovation and enhancements for the mortgage fintech provider.

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Arch MI, OpenClose Offer Individualized MI Rates in Seconds

Arch Mortgage Insurance Company and OpenClose announce Monday an integration aimed at providing “more competitive, sophisticated and dynamic MI pricing solution than conventional rate sheets,” according to Chris Hovey EVP and COO at Arch MI. Arch MI, the flagship private mortgage insurance provider of Greensboro, North Carolina-based Arch Capital Group, and West Palm Beach, Florida-based OpenClose, are collaborating to offer Arch MI RateStar pricing information within the OpenClose LenderAssist loan origination system.

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OpenClose Experiences Unprecedented Growth

After sustaining a few years of mid-20 percent growth year-over-year, OpenClose, a provider of a web-based, software-as-a-service loan origination system, announced in February that it is experiencing 30 percent growth.

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OpenClose & LBA Ware Partner to Automate Loan Comp Process

OpenClose and Lending & Banking Automation Software announced that they have teamed up to provide an automated loan compensation process, which will no longer require companies to manually track commission and payouts. OpenClose is an enterprise-class, multi-channel, end-to-end loan origination system provider and LBA Ware provides commission automation software.

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