OpenClose, a developer of Web-based, end-to-end mortgage lending software, has expanded its loan pricing engine and product suite, Decision Assist.
The enhancement turns one pricing engine into four products targeted to mortgage professionals depending on the size of their staff and lending requirements, the company explains. Decision Assist Broker is designed for individual users; Express targets small groups; Professional is available for mid-sized companies; and Enterprise meets the decisioning needs of large companies.
‘In today's mortgage market, every moment with a borrower counts,’ says Jason Regalbuto, OpenClose president. ‘Mortgage originators, brokers and bankers must have the right tools at their fingertips to quickly and conscientiously produce more loans and maximize their profitability.’
The Decision Assist product suite works with OpenClose's consumer-facing mortgage Web site technology and productivity tools, formerly known as LION MTS, as well as the OpenClose end-to-end loan origination and back-end banking system. In addition to its role in loan origination, Decision Assist also benefits secondary marketing departments. The loan pricing engine and product suite verifies loan product information, making it more attractive for sale, the company says.
Source: OpenClose