OpenClose Hires Allen Pollack as VP of Product Innovation

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Allen Pollack has joined mortgage technology firm OpenClose in the newly created position of vice president of product innovation.

Pollack is a seasoned industry veteran who has been instrumental in the digital shift and transformation of the industry, the company says in a release. He has more than 15 years of industry experience developing and leading strategic initiatives.

Pollack was previously with Fiserv where he was responsible for multiple fintech initiatives focused on delivering omni-channel capability and personalized lending experiences, ranging from conversational AI to digital mortgage lending capabilities across online and mobile banking channels.

He was a co-founder of NYLX, serving as chief technology officer where he introduced new technology models that disrupted the mortgage lending space.

He later continued as chief technology officer of LoanLogics, a regtech company created by NYLX that continued to introduce new technology focused on loan quality, due diligence and multi-channel loan delivery models.

OpenClose recently rolled out the its digital mortgage point-of-sale (POS) solution, ConsumerAssist Digital POS, which offers an integrated solution that marries its end-to-end multi-channel LOS, product and pricing engine, and state-of-the-art POS technology.

The single-source solution dramatically reduces the cost to manufacture loans, heightens the borrower experience, and simplifies managing the entire lending process.

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