More and more lenders are taking advantage of OpenClose's LenderAssist loan origination system (LOS) to gain greater insight into the secondary market, the Florida-based company announced.
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CitiMortgage CEO Hints at Plans to Expand Lending
In remarks captured by Bloomberg at the Mortgage Bankers Association's National Secondary Market Conference in New York, CitiMortgage CEO Jane Fraser said the company is seeking out ways to step up its presence in the mortgage market, focusing largely on the "very important" correspondent segment as other banks struggle against waning loan demand and a stringent credit environment.
Read More »Florida Bank Sees Major Growth with OpenClose LOS
A Florida bank has seen its residential loan volume grow more than 200 percent since automating its processes through OpenClose’s multi-channel lending automation platform, the origination technology provider announced.
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