SAN DIEGO--(BUSINESS WIRE)--ClosingCorp, a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, today announced that it has integrated its SmartFees® service with Wipro Gallagher Solutions (WGS), a Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) company and a leading provider of loan origination software (LOS) solutions. This integration will now provide lenders using Wipro’s NetOxygen LOS platform with instant access to SmartFees’ real-time third-party provider rates and fees covering over 20,000 service providers.
ClosingCorp’s SmartFees integrates loan file information, transfer tax and recording data, service provider fees from more than 70,000 rate cards, and lender business rules and requirements into a single, seamless process and platform—allowing clients to originate mortgages confidently and compliantly.
“This integration enables our NetOxygen LOS to provide our clients with easily delivered real-time, accurate rates and fees for loan estimates and closing documents while streamlining the lender’s workflow,” said Scott Dunn, Head of Product Management and Strategy, Wipro Gallagher Solutions, Wipro Limited. “Being able to leverage SmartFees will also enhance our ability to deliver a higher, dependable level of compliance while lowering our exposure to potential TRID violations from the beginning of the loan origination cycle.”
“Integrating our configurable fee solution with Wipro enables a compliant environment while creating a much more efficient and transparent experience across the board,” said Bob Jennings, CEO of ClosingCorp. “Our mutual customers will find this integration makes it easier than ever for them to move loans forward with fewer manual touches—reducing operating costs, mitigating risk and further improving the consumer experience.”
Headquartered in San Diego, Calif., ClosingCorp owns and operates the premier source of intelligence for closing costs and service providers in the U.S. residential real estate industry. Through innovative solutions, progressive technologies, and strong alliances, the company delivers timely, accurate, and transparent results that help optimize closing processes and services for mortgage lenders, title and settlement companies, and real estate professionals. Clients rely on ClosingCorp to help improve efficiencies and mitigate risk. For more information, please visit www.closing.com.
About Wipro Gallagher Solutions
Wipro Gallagher Solutions’ NetOxygen is fueling the future lender with its truly digital loan origination solution. With NetOxygen, lenders can leverage a workflow-driven, multi-asset, multi-channel, flexible, best in class POS to closing solution, with unparalleled borrower and colleague experience. Wipro Gallagher Solutions provides retail, wholesale, correspondent, and consumer lenders with a powerful origination platform that drives profitable lending anytime, anywhere. Wipro Gallagher Solutions is a Wipro Limited company. For more information, please visit www.wipro.com/gallagher.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting, and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability, and good corporate citizenship, we have over 170,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.
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