Home / Headlines / OpenClose Announces Enhancements to ConsumerAssist Solution
Print This Post Print This Post

OpenClose Announces Enhancements to ConsumerAssist Solution

TechnologyFlorida-based enterprise class, multi-channel LOS OpenClose has announced enhancements to its borrower-facing ConsumerAssist solution, with the goal of increasing lead generation for lenders and providing borrowers with a superior loan application experience.

Consumers will receive a straightforward, interactive customer experience with the enhancements to ConsumerAssist, according to OpenClose. ConsumerAssist can be accessed from any mobile device at any time from anywhere, providing portability and accessibility which ultimately results in increased leads and reduced production costs to lenders.

ConsumerAssist triggers real time alerts to lenders for quick follow-up by a loan officer or customer service representative after the borrower completes an application, thus allowing the lender to engage the borrower immediately and begin the sales process quickly. This in turn can lead to improved lead capture and conversion rates, which result in a greater number of loans closed and increased profits. ConsumerAssist has customizable features that include branding for web pages for both loan officers and branches.

“In today’s competitive mortgage marketplace, customers are seeking new ways to attract borrowers and to do more with less while maintaining high service levels,” said Jason Regalbuto, CEO and CTO of OpenClose. “ConsumerAssist is ideal for lenders looking to add a high impact web and mobile presence that provides an outstanding consumer experience. The solution allows visitors to start the lending process themselves without having to first speak to a loan officer. At the end of the day, ConsumerAssist is about increasing leads and decreasing origination costs for lenders.”

ConsumerAssist is integrated with OpenClose’s LOS, LenderAssist, and it can be easily added to lenders’ existing websites. ConsumerAssist can also be integrated with CRM software and other third-party applications, and can be implemented and customized in as little as 30 days in some cases.

OpenClose’s DecisionAssist product and pricing engine (PPE) provides instant decisioning at the point of sale, thus giving lenders the flexibility to offer on-demand program eligibility and pricing, according to OpenClose.

About Author: Brian Honea

Brian Honea's writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master's degree from Amberton University in Garland.

Check Also

The Industry Pulse: Stern & Eisenberg Adds New Attorney

In this Industry Pulse, get the latest updates on new products from SingleSource and Mid America Mortgage, Inc.'s expanded servicing leadership team.


Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.