TheMReport

6 | TH E M REP O RT OpenClose LOS Creates Transparency, Control in Secondary Marketing COMPANY LOOKS TO INCREASE INVESTORS' ABILITY TO KNOW THEIR CUSTOMERS. M ore and more lenders are taking advantage of OpenClose's LenderAs- sist loan origination system (LOS) to gain greater insight into the secondary market, the Florida- based company announced. Using LenderAssist, second- ary marketing personnel can view real-time pricing, adjust- ments, locks, and more—all from a single screen, starting at the point of origination. When changes occur with a loan, those users also have access to the same audit screen that under- writers use, ensuring updated and compliant loans. "The degree of transparency that our secondary marketing features provide lowers risk, in- creases profitability, and leads to greater investor confidence," said OpenClose president J.P. Kelly. "Our clients report that the vis- ibility they capture in a single screen view creates newfound efficiencies to manage the sec- ondary marketing process. We completely remove guesswork and communication holdups." The browser-based LenderAssist includes features for all aspects of lending, includ- ing origination, processing, underwriting, closing, funding, secondary marketing, accounting, reporting through post-closing, and interim servicing, creating a seamless and compliant work- flow, the company says. PCV Murcor, Calyx Software Announce System Integration CALIFORNIA-BASED COMPANY IS TEAMING UP TO INTEGRATE FOR IMPROVED COMPLIANCE. Getting Techy Companies join forces to increase both speed and efficiency. P CV Murcor, a California- based real estate valua- tions provider for lenders, servicers, brokers, and insurers, is now offering its compliant appraisal delivery through Calyx Software's Point loan origina- tion system (LOS), the company announced. As a result of PCV Murcor's and Calyx's successful system integration, Point users can now quickly and securely order and track PCV Murcor apprais- als through Calyx's interface, streamlining the order/delivery process to increase speed while maintaining valuation compli- ance. In addition, lenders will no longer need to re-enter appraisal request information and can review order status at any time, day or night, according to a release from PCV Murcor. "With the MBA's loan origination volume projections lowered again and the operational challenges lenders ON THE WEB

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