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OpenClose Hires FinTech Expert


Mark Michel

OpenClose, a multi-channel loan origination system (LOS) and mortgage fintech provider, announced the hiring of Mark Michel, an industry veteran in enterprise-level mortgage technology systems. According to OpenClose, Michel has an extensive track record of successful execution during his tenure at lending entities as well as mortgage technology providers. At OpenClose, he will serve as a software integration analyst where he will focus on the company’s LenderAssist LOS, RESTful API suite, as well as other digital mortgage solutions.

Michel brings to OpenClose more than 15 years of experience as a subject matter expert in mortgage fintech. Before OpenClose, he was a senior product manager at Altisource where he was responsible for a next-generation LOS as well as a new POS portal, while also acting as a subject matter expert on all LOS integrations. Prior to that, Michel was a senior business consultant and project manager at Fiserv Lending Solutions for more than fifteen years.

In addition, he has held senior business analyst and project manager roles at banks, mega lenders and an investment firm focusing on outsourced technology solutions for mortgage originators, secondary market conduits and investors.

OpenClost states that “this unique combination of lender and vendor experience arms him with highly sought after mortgage experience and is an extraordinary addition to the OpenClose Integration team.”

“We are pleased to welcome Mark to the OpenClose family and know that he will have an immediate impact, ” said Jason Regalbuto, CEO/CTO of OpenClose. “Mark has a very rich, through-and-through background in the mortgage industry, working for both lenders and mortgage software firms. He’s exactly the type of professional we like to hire to advance our enterprise. ”

About Author: Seth Welborn

Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.

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