OpenClose News Room Archive and Profile

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose® is a leading multi-channel loan origination system (LOS) provider that cost effectively delivers its platform on a software-as-a-service (SaaS) basis. The company provides a variety of 100 percent browser-based solutions for lenders, banks and credit unions.

OpenClose simplified the way lenders ran their businesses by building the only end-to-end online loan origination. Our quest to make our solutions even stronger continues with a our new products tackling the emerging social marketing platforms across a variety of related industries.

Founded by bankers -- not technologists -- OpenClose remains one of the top mortgage software companies in the country. We are a pioneer in developing software as a service (SaaS) for the mortgage industry. Our customers add components to their businesses as they grow while still preserving their initial investment well into the future.

All of our mortgage software applications are developed here in the U.S.

East Coast/Headquarters: 314 Clematis Street, Suite 200, West Palm Beach, FL 33401USA.

West Coast: 5401 32nd Ave NW, Suite 202, Gig Harbor, WA 98335 USA.

Media Contact: Joe Bowerbank Profundity Communications, Inc. 949-378-9685

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Press Releases from OpenClose :

OpenClose Adds Automated Rate Sheet Generator to its DecisionAssist™ PPE


WEST PALM BEACH, Fla., Sept. 29, 2016 (SEND2PRESS NEWSWIRE) — OpenClose, an enterprise-class, multi-channel loan origination system (LOS) provider, announced that it has added a rate sheet generator to its product and pricing engine (PPE), DecisionAssist(TM). The new functionality quickly and efficiently automates rate sheet creation for timely distribution to branches and originators.

Colony American Finance Implements OpenClose Loan Origination Platform (LOS)

OpenClose and Colony American Finance

WEST PALM BEACH, Fla., July 26, 2016 (SEND2PRESS NEWSWIRE) — OpenClose(R), an enterprise-class multi-channel loan origination system (LOS) provider, announced that Colony American Finance (CAF), a specialty finance company that provides innovative loan products to residential real estate investors, implemented the OpenClose loan origination platform to support its new Single Asset loan product across correspondent, wholesale and retail channels.

OpenClose and MCT Streamline the Loan Sale and Purchase Advice Process for Secondary Marketing Departments

OpenClose and MCT Trading

NEW YORK, N.Y., May 16, 2016 (SEND2PRESS NEWSWIRE) — MBA National Secondary Market Conference & Expo — OpenClose(R) an enterprise-class, multi-channel loan origination system (LOS) provider, announced that in conjunction with Mortgage Capital Trading, Inc. (MCT) it has developed a solution that normalizes and extracts a lender’s committed loan sale and purchase advice data to be uploaded directly into OpenClose’s LenderAssist(TM) LOS, thus eliminating significant manual intervention. Depending on the number of loans that have been executed, time savings can be reduced from days to minutes.