ClosingCorp Announces Integration With INTEGRA Software Systems – NMP Skip to main content

ClosingCorp Announces Integration With INTEGRA Software Systems

National Mortgage Professional
Oct 16, 2015
ClosingCorp Logo

ClosingCorp has announced that its Loan Estimate Service is now integrated with INTEGRA Software Systems’ Web-based Epic and Destiny Loan Origination Systems (LOSs). ClosingCorp’s Loan Estimate Service currently provides users with validated fee information to populate the new Loan Estimate (LE) mandated by the TILA-RESPA Integrated Disclosure (TRID) rule. Additionally, the solution still delivers the required RESPA-compliant Good Faith Estimate (GFE) data for applicable loan types.

The service incorporates client-specific business rules to deliver correct fee and tax information in each estimate and notifies users should transfer tax, recording fees or vendor estimates change. It also provides a complete audit trail, Settlement Services Providers List (SSPL) support and an ability to flag estimates from affiliates that must be managed to the new zero variance requirement.

“ClosingCorp and INTEGRA are dedicated to providing solutions that help automate and streamline the residential real estate transaction, helping its lender clients remain compliant while improving efficiencies and control,” said Brian Benson, CEO of ClosingCorp. “The ability for our clients to quickly access and accurately quote multiple fees from a range of service providers in real time is essential to streamlining the application disclosure process and is critical for compliance with TRID.”

“At a period when real time information is crucial, ClosingCorp is providing a service that everyone originating mortgages will want,” said Rick Allen, senior vice president of INTEGRA operations. “Our user acceptance testing for TRID is complete, and our clients are ready to generate the new integrated disclosures with confidence. INTEGRA Software Systems is proud to have a tightly integrated interface to ClosingCorp’s service.”

Oct 16, 2015
More from
OptiFunder Secures $25 Million In Capital

OptiFunder, a warehouse management system provider for mortgage originators, raised $25 million in additional capital lead by Arthur Ventures, a growth capital firm focused on high-growth, founder-led and capital efficient B2B software companies.

Nov 23, 2021
Guaranteed Rate Adds New Chief Product And Technology Officer

Guaranteed Rate named Dr. Ramesh Sarukkai as the company’s new chief product and technology officer.

Industry News
Nov 22, 2021
Fintech Mortgage Proven To Reduce Racial Bias In Lending

Technology-based Fintech mortgage may be the answer to reducing, and ultimately eliminating, racial bias and discrimination in lending.

Analysis and Data
Nov 19, 2021
nCino To Acquire SimpleNexus

Cloud banking and digital transformation solutions company, nCino Inc., signed a definitive agreement to acquire SimpleNexus in a stock and cash transaction valued at an estimated $1.2 billion.

Nov 19, 2021
Guaranty Home Mortgage Partners With Paradatec For Doc Automation

Guaranty Home Mortgage Corporation selected Paradatec's AI-Cloud for document processing and indexing.

Nov 16, 2021
loanDepot Wholesale Enhances mello Broker Portal

loanDepot Wholesale launched the newest iteration of its mello broker portal, which then company says features added efficiencies in the closing process.

Nov 16, 2021