Skip to main content

Mortgage Tech Vet Mark Michel Joins OpenClose
Oct 02, 2018
OpenClose, a multichannel loan origination system (LOS) and digital mortgage fintech provider headquartered in West Palm Beach, Fla., has hired Chris Olsen for newly created position of vice president of sales engineering

OpenClose has hired Mark Michel, an industry veteran in enterprise-level mortgage technology systems. Mark has an extensive track record of successful execution during his tenure at lending entities as well as mortgage technology providers. Michel will serve as a Software Integration Analyst where he will focus on the company’s LenderAssist LOS, RESTful API suite, as well as other digital mortgage solutions.
Michel brings to OpenClose more than 15 years of experience as a subject matter expert in mortgage fintech. Before OpenClose, he was a Senior Product Manager at Altisource, responsible for a next-generation LOS, as well as a new POS portal, while also acting as a subject matter expert on all LOS integrations. Prior to that, Mark was a senior business consultant and project manager at Fiserv Lending Solutions for more than 15 years. 
In addition, he has held Senior Business Analyst and Project Manager roles at banks, mega lenders and an investment firm focusing on outsourced technology solutions for mortgage originators, secondary market conduits and investors. This unique combination of lender and vendor experience arms him with highly sought after mortgage experience and is an extraordinary addition to the OpenClose Integration team.
“We are pleased to welcome Mark to the OpenClose family and know that he will have an immediate impact,” said Jason Regalbuto, Chief Executive Office and Chief Technology Officer of OpenClose. “Mark has a very rich, through-and-through background in the mortgage industry, working for both lenders and mortgage software firms. He’s exactly the type of professional we like to hire to advance our enterprise."

Oct 02, 2018
More from
First Tech Federal Credit Union Chooses ICE Mortgage Technology’s EPPS

First Tech Federal Credit Union has chosen ICE Mortgage Technology’s EPPS to improve automation, compliance, and scalability to meet the demands of over 720,000 members. 

Jul 29, 2021
ICE Makes Enhancements To Its Mortgage Prepayment Model

The Intercontinental Exchange, Inc. made enhancements to its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage technology.

Jul 27, 2021
Liquid Mortgage Technology Supports Efficient Debt Market

Liquid Mortgage received a U.S. patent for its distributed ledger technology to support its future vision of efficient and transparent debt markets.

Jul 22, 2021
Rocket Expands Home Search Tool To All 50 States

Rocket Homes announced its growing home search tool now includes listings from all 50 states.

Jul 21, 2021
Better's One-Click Checkout Now Offers Title Insurance For Refi's

Better announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) in Virginia. 

Jul 20, 2021
Fairway Independent Mortgage Uses Doma To Improve Refinance Business

Doma Intelligence platform will remove key points of friction and frustration that affect traditional mortgage closings.

Jul 16, 2021