LodeStar Software Solutions, a national provider of closing fee-related compliance tools for mortgage lenders, has launched LodeStar Connect, a closing fee calculator for mortgage lenders.
The new calculator is available through Encompass by ICE Mortgage Technology, which is part of Intercontinental Exchange, Inc., a global provider of data, technology and market infrastructure.
LodeStar Connect is a streamlined version of the company’s flagship product and is available only to all mortgage lenders using Encompass. The tool offers access to title fees and is fully integrated with the Encompass platform. Users can instantly and accurately generate quotes and estimates within Encompass using LodeStar Connect.
“LodeStar Connect affords smaller mortgage lenders access to our accurate and continuously updated repository of national title agents,” says Jim Paolino, CEO of LodeStar, in a release. “It enables growing lenders who may be using manual processes or templates to deliver estimates faster and more accurately, empowering them to spend more time doing what they do best: selling mortgage loans. It’s a perfect compliance tool for lenders expanding their footprint.”