ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, says that its SmartFees service is now integrated with PCLender’s loan origination software (LOS).
According to ClosingCorp, SmartFees provides an automated fee solution that gives users fast access to TILA-RESPA Integrated Disclosures rule-compliant closing costs, with an audit trail and data-backed guarantee.
Specifically, the integration demonstrates both companies’ commitment to support lender solutions designed to expedite loan estimate (LE) and closing disclosure production. The integration of ClosingCorp’s service within the PCLender LOS will allow PCLender users to create LEs or good-faith estimates directly from their LOS.
“Unlike other options in the market, the ClosingCorp service allows lenders to generate actual rate and fee data from the providers they currently do business with, as well as others from across the country,” says Lionel Urban, CEO of PCLender. “Our integrated solution will help increase productivity and show proof of compliance with best-in-class closing costs and easy-to-use technology.”