Skip to main content

Kennedy Funding announces the hiring of Matthew Horvitz

National Mortgage Professional
Dec 05, 2008

OpenClose, MeridianLink partner to provide complete credit capabilitiesMortgagePress.comOpenClose, MeridianLink, LOS, credit reporting agencies, Rob Pommier, MeridianLink MCL interface, LION Inc. OpenClose Solutions, developers of Web-based, end-to-end mortgage lending software, has partnered with Costa Mesa, Calif.-based MeridianLink to interface the company's MortgageCreditLink (MCL) with OpenClose's loan origination software (LOS), OpenClose. MeridianLink and OpenClose will enable brokers and wholesale lenders to request and access credit information from any Internet connection and deliver merged credit reports from more than 50 credit reporting agencies (CRAs), shortening the pre-qualification process. Now wholesale lenders and brokers can have access to the same credit data, enabling them to make more sound underwriting decisions along with faster pricing and qualification. Lenders and brokers using OpenCloses LOS can then directly import the credit information directly into the software, eliminating duplicate data entry. "With OpenClose's expansion into broker services, being able to quickly pull and import credit information is a vital task," said Rob Pommier, senior vice president of sales at OpenClose. "Brokers want once source for completing an application, and MeridianLink provides a secure system that runs seamlessly with OpenClose. The partnership will shorten the time originators spend preparing loan files and eliminate re-key errors with one end-to-end data stream from the credit report to the closing with wholesale lenders." OpenClose expanded their Web-based, end-to-end LOS to connect the broker with mortgage bankers through their recent acquisition of LION Inc. The expanded service gives lenders and brokers a single tool to handle every task in the loan life cycle from consumer to secondary market. Expanded credit report and CRA access will also be available in LION as the LOS will also employ the MeridianLink MCL interface. For more information, visit, or
Dec 05, 2008
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021