Tag: loan origination system
United Wholesale Mortgage Unveils New, Feature Rich Loan Origination System for its Mortgage Partners
TROY, Mich., Jan. 26, 2015 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced today that it officially launched a completely new loan origination system (LOS) that is loaded with features and tools for brokers and correspondents. The proprietary technology replaces UWM's previous LOS and offers many benefits for its broker and correspondent partners.
OpenClose, an enterprise-class end-to-end loan origination system, successfully implements QM and ATR Rules
PALM BEACH, Fla. /Florida Newswire/ -- OpenClose, an enterprise-class end-to-end loan origination system provider, today announced that is has implemented the functionality necessary for lenders to adhere to the Consumer Financial Protection Bureau's new Qualified Mortgage (QM) and Ability-to-Replay rules. The company's client base is successfully processing QM loans.
