Lenders using Dark Matter Technologies’ Empower loan origination system can now integrate LodeStar Software Solutions’ closing-cost calculator and fee-compliance tools into their loan workflows.
LodeStar is the first technology provider to connect with Empower through the Dark Matter Developer Platform, which allows third-party providers to bring their products into the Empower ecosystem.
Through the integration, LodeStar will provide lenders with access to its Closing Cost Calculator and tools designed to support fee reliance and fee-related compliance. The company’s data covers closing costs ranging from statewide transfer taxes to fees assessed at the township level.
LodeStar specializes in helping mortgage originators manage third-party closing costs and maintain compliance with the TILA-RESPA Integrated Disclosure Rule.
“LodeStar is proud to be the first integration partner to use the new Dark Matter Developer Platform,” LodeStar CEO and Co-Founder Jim Paolino said. “Connectivity is one of our core values, and we’re excited to launch this new partnership.”
For loan officers, having closing-cost information available within the LOS could reduce the need to move between systems when preparing disclosures. More localized fee data may also help originators set borrower expectations and limit unexpected fee changes later in the loan process.
The companies did not identify any lenders currently using the integration or provide data showing whether it reduces disclosure errors, production costs or tolerance cures. They also did not disclose whether Empower lenders must enter into a separate agreement with LodeStar to activate the technology.
The integration nevertheless marks the first expansion of Empower through Dark Matter’s Developer Platform. If additional providers join, the platform could give lenders greater flexibility to add specialized technology without relying exclusively on individually developed integrations.
“At Dark Matter, we are focused on delivering intelligent, configurable technology that strengthens lenders across the mortgage lifecycle,” Dark Matter Technologies CEO Sean Dugan said. “By welcoming LodeStar to the Dark Matter Developer Platform, we’re expanding the range of capabilities available to lenders seeking to strengthen risk management and compliance across the loan origination process.”
*This article was primarily written by a human author. AI tools were used in a limited capacity for research assistance or light editing.
