A combination of increased staffing and a drop in refi volume cut into profitability in the third quarter of 2021.
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OpenClose & LBA Ware Partner to Automate Loan Comp Process
OpenClose and Lending & Banking Automation Software announced that they have teamed up to provide an automated loan compensation process, which will no longer require companies to manually track commission and payouts. OpenClose is an enterprise-class, multi-channel, end-to-end loan origination system provider and LBA Ware provides commission automation software.
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