Skip to main content

FirstClose Integrates With Fiserv's Mortgage Director

Navi Persaud
Oct 06, 2020
Fiserv and FirstClose logos.

FirstClose, Inc. is partnering with Fiserv to provide mortgage services to Mortgage Director users. FirstClose will integrate its FirstClose ONE platform into the loan origination system, giving customers the ability to instantly order bundled reports on flood, valuation. tax and title.

Fiserv's Mortgage Director serves as the core of its lending ecosystem, according to a press release. It was developed to streamline lending operations and strengthen lender and borrower relationships. Meanwhile, the FirstClose ONE integration will help leverage the Mortgage Director platform for home equity loans and HELOCs.

Through the integration, the LOS puts all of the necessary functionality in a single lending environment, according to the release. Mortgage Director customers will have access to FirstClose's automated ordering which mimic's a lender's underwriting product matrix.

"Partnering with Fiserv gives us an opportunity to share the benefits of FirstClose ONE to a market that might be new to originating loans outside of first liens," said Tim Smith, chief revenue officer and co-founder of FirstClose. "The landscape of the industry is changing dramatically and rapidly. More lenders will need tools to meet the changing demands of borrowers."

Oct 06, 2020
More from
Blend Launches New Income Verification Product

Blend Income Verification is a new product for financial services firms that provides instant income verification for mortgages and soon, consumer loans and deposit account opening.

Oct 21, 2021
ICE Mortgage Announces 0 Percent Loans For HFA Borrowers

ICE Mortgage Technology's latest Encompass update, Encompass 21.3 supports the ability for lenders to offer 0% loans.

Oct 20, 2021
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Oct 19, 2021
Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Oct 18, 2021
ICE Unveils Transaction-Based Indices For Residential Mortgage Interest Rates

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.

Oct 18, 2021
SimpleNexus Unveils Nexus Pay With In-App Payment Capabilities

SimpleNexus announced its upcoming Nexus Pay feature for mortgage loan applicants. The company is planning to do a full unveiling at the Mortgage Bankers Association's Annual Convention and Expo.

Oct 13, 2021