OpenClose is Web-based mortgage banking software that includes loan pricing engines, loan origination, automated underwriting and secondary marketing. It's an end-to-end solution for mortgage lenders, brokers, and brankers with all elements of the lending process communicating in REAL time.

West Palm Beach, Fla.-based OpenClose Solutions has been a pioneer of on-demand mortgage solutions since its inception in 1999. The Web-based end-to-end mortgage banking platform, which includes Decision Assist, contains all elements of the lending process for retail, wholesale and correspondent channels..

Most mortgage software solutions on the market make business faster and easier, but how many really let you increase profits, increase efficiency, and decrease errors?

• OpenClose mortgage software solutions are scaleable, growing with your business making our solution an affordable option to any mortgage lender.
• A hosted ASP solution means there's nothing to purchase for you or your clients.
• OpenClose lets you launch new business channels for a nominal investment.
• You're charged a flat monthly fee based upon the users or brokerage companies you support. You only pay for what you need.
• OpenClose's e-Doc Manager^TM creates digital loan folders minimizing re-keying and currier costs, significantly reducing your overhead costs and improve the bottom line.
• There's never a transaction fee, or minimum or maximum user limits. It's another great way to maintain costs.

OpenClose Named to Top Software Solutions Vendors List

OpenClose Named to Top Software Solutions Vendors List

Mortgage Technology Magazine Taps End-to-End Web-based Solution

WEST PALM BEACH, FL July 25, 2007 This year's Mortgage Technology Magazine announced this year's Top 50 vendors "best and brightest" technology vendors. OpenClose, made the list with its end-to-end Web-based functionality.

The magazine reports that it compiled its lists based upon four major criteria: customer satisfaction, functionality, market share, and viable revenue model.

"We're pleased to have been recognized as leaders in mortgage technology" says Jason Regalbuto, president OpenClose. "Since our software is private-labeled, we've remained the best kept secret in the industry despite now more than 40,000 users are on the system. I guess now the 'secret' is out!"

To learn more about OpenClose lending solutions and our loan pricing and underwriting engine, visit our website