We're excited, the word about OpenClose and Cyberlink Software Solutions partnering is out. Together we've created a better, more robust MERS transaction management system for OpenClose clients. We've put together this list of links to our favorite articles. Hope you enjoy! OpenClose & Cyberlink eRAMP Integration PR Coverage: Publication: MortgageOrb Publish Date: Wed. June…
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New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System
WEST PALM BEACH, Fla., June 3, 2020 — OpenClose®, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS®.…
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Enhanced data distribution option streamlines MERS transaction management for Encompass, OpenClose, LendingPad and many other LOS systems
“Processing and updating one loan at a time is time consuming. Bulk processing is the way to successfully manage the fluctuations in loan production and gain maximum efficiency to reduce costs and errors when processing MERS loan transactions”
IRS 4506-T Processing Suspended
The Coronoavirus effects mortgage loan processing with an immediate halt by the IRS to processing 4506-T requests. Effective immediately, 4506-T requests will not be processed by the IRS as it considers the impact of state and local shelter in place orders issued due to the COVID-19 outbreak. A form 4506-T allows lenders to verify with the…
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