That means lenders using NetOxygen can now have a seamless path to ClosingCorp’s solution, which bundles loan file information, transfer tax and recording data, and service provider fees from more than 70,000 rate cards, as well as lender business rules and requirements into a single, seamless process and platform.
As such, the combined solution will enable lenders using NetOxygen to originate mortgages even more confidently and compliantly.
“This integration enables our NetOxygen LOS to provide our clients with easily delivered real-time, accurate rates and fees for loan estimates and closing documents while streamlining the lender’s workflow,” says Scott Dunn, head of product management and strategy, Wipro Gallagher Solutions, a Wipro Limited company, in a release.
“Being able to leverage SmartFees will also enhance our ability to deliver a higher, dependable level of compliance while lowering our exposure to potential TRID violations from the beginning of the loan origination cycle.”
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