Mortgage Loan Origination Software (LOS)

Residential Mortgage Lenders: Can this really be called a choice?

Posted by Frank Bocchino on Fri, Aug 23, 2013
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Some loan origination software (LOS) vendors like to tout the number of third-party interfaces they offer. But chances are, you've never heard of most of them, and your preferred vendors of choice are simply "not an option."
That's because those LOS vendors often own those companies and force you to use them so they can increase your cost per loan even more. Hmm. That doesn't sound like "choice" to us.  
At OpenClose, we choose to interface with third-party vendors based upon their reputation and marketshare, not by who's on the payroll.  
  Created on 06/07/12 at 11:57:33

Topics: Mortgage Software, residential mortgage software, Residential Mortgage Lenders

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