Mortgage Software for Mortgage Bankers

Whitepaper: Correspondent Banker Best Practices

Posted by Frank Bocchino on Tue, Sep 24, 2013

 

West Palm Beach, Fla., September 24, 2013 – Correspondent Lenders who try to capitalize on the opportunity too quickly may find themselves in deep trouble, according to a new eBook from OpenClose. Not So Fast, Correspondent Lenders: What You Need to Know and the Three Traps that Could Cost You Thousands.  According to the author, it's not correspondent lending that’s precarious, but the lack of checks and balances that are needed to do it successfully. The eBook provides residential mortgage bankers with insight on what to ask their correspondents and investors, how to avoid common pitfalls, and help on choosing the right tools and staff.

 

 “The terms ‘correspondent’ and ‘correspondent lending’ are thrown around so freely these days but what they mean and how to go about pursuing it correctly was difficult to find,” says author Frank Bocchino, vice president marketing & social media of OpenClose. “Consequently there are many misconceptions bankers tend to have so we wanted to create a quick guide for residential mortgage lenders. This eBook sheds light on how to proceed wisely.”

 

Not So Fast, Correspondent Lenders: What You Need to Know and the Three Traps that Could Cost You Thousands. is available for a free download here. http://openclose.sites.hubspot.com/correspondent-banking-software-press

 

About OpenClose
OpenClose is a pioneer of Software as a Service (SaaS) computing solutions for the financial industry since 1999. With OpenClose Social, its social media management software users can easily create and post social media content simultaneously on Facebook, Twitter, YouTube, LinkedIn, corporate websites and blogs. It allows marketers to automatically aggregate pertinent news and content for writing, reposting, and distribution. Administrators can then monitor, track and analyze what’s being said about their company, and competitors. Options include group discussion (forums), blogging; lead management, and multiple accounts posting. Visit the company’s Web site at www.openclose.com

 

 

 

Topics: correspondent lender, correspondent lending, correspondent banking

Get the Correspondent Lender's Best Practices

Posted by Frank Bocchino on Wed, Aug 07, 2013

Free eBook: Correspondent Lending Best Practices.

Unsure about the correspondent market? Don't have the proper tools or fail safes in place? Now there's a free eBookthat give you best practices on how to proceed as well as help you avoid some common mistakes.

"Not So Fast, Correspondent Lenders" will help correspondent lenders through the precarious, road and suggest checks and balances that are needed to do it successfully.

The eBook provides insight on what to ask, how to avoid common pitfalls, and help on choosing the right tools and staff.  You will learn how to:

  • Uncover hidden benefits
  • Avoid the traps
  • Make the most of your resources

Download the definitive eBook on correspondent lending for FREE!

Download eBook

Topics: correspondent lender, correspondent lending, correspondent banking

The Easiest Way for Your Correspondents to Deliver Loans to You

Posted by Frank Bocchino on Thu, Jun 06, 2013
OC Delivery resized 600
OC Correspondent provides a more efficient way for lenders to receive loans from their correspondents.

Whether it's delegated or non-delegated options, AOT, or bulk commitments, OC Correspondent provides you with options. 
It automates your workflow while helping you stay compliant. 

OC Correspondent provides the easiest and most flexible way for your correspondents to deliver loans to you. It's loan software designed to expedite the delivery and funding on the Secondary Market.
  • Speed delivery process
  • Support various delivery methods
  • Automated workflows to do more with less


Correspondent lending software

Topics: correspondent lender, correspondent lending

Your Passport into Correspondent Lending

Posted by Frank Bocchino on Fri, May 24, 2013

passport

Traveling overseas requires a passport. But if you're planning on entering the correspondent world,  you'll need OC Correspondent from OpenClose. 

OC Correspondent is your passport into correspondent lending. It expedites the delivery and funding processes by providing a turn-key correspondent channel that's easy-to-use and helps lenders remain compliant.

 

Correspondent lending

 

Topics: correspondent lender, correspondent lending

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