For Immediate Release:
[Plymouth Meeting, PA 3/17/2023]: Closepin announced today that Mortgage Center has selected Closepin’s cloud-based platform to streamline onboarding and verification of its network that consists of third-party settlement and closing agents. Closepin solves the common challenges created by refinance and purchase loan originations where lenders need to quickly onboard, validate, and review dozens of data points from thousands of third-party closing agents.
By accessing instant and integrated verification data for a lender’s entire network of closing agents, Lenders can reduce purchase turn-times by 5-7 business days on average. This creates faster and smoother closings with any local independent closing agent and allows lenders to mitigate risk, prevent fraud, decrease costs, and increase efficiency.
“We are thrilled to announce that Mortgage Center will be joining Closepin’s network of lender partners. We’re happy and fortunate enough to be working alongside Don Braspenninckx (Chief Compliance Officer) and his team going forward. At Closepin, our mission is to make closing loans with local independent title agents a straightforward and manageable process for both sides of the equation, title agent and lender. We’re grateful to have a partner like them alongside us as we continue down the path of accomplishing our mission.” Said Michael Kempski, Account Executive
“With wire fraud on the rise, we were looking to partner with a company to provide quick and accurate wire instructions and relieve the burden of tracking error and omission policies. We chose Closepin based on their SLA response times and assurance of accurate information.” said Don Braspenninckx, Chief Compliance Officer
About Mortgage Center:
Mortgage Center has been working with credit unions, their members, and home loan borrowers since 1990 with the goal of growing the credit union community. They have over 100 experienced home loan experts who are guided by the core values of the company. Mortgage Center is completely owned by credit unions which means their rates and closing costs remain competitively low, keeping more cash in members’ pockets while generating revenue for credit union partners. Visit MortgageCenter.com to learn more.
About Closepin:
Closepin is the platform that provides instant and integrated verification data from 15,000+ closing agents. Lenders can improve their closing efficiency by integrating Closepin’s validated data obtained directly from independent closing agents into their LOS and other systems.
To learn more visit https://closepin.wpengine.com/
Media Inquiries: Dominique.Russell@grid151.com
