Fintech companies FirstClose and Fiserv have collaborated to provide streamlined property report services to Mortgage Director users.
The integration of the FirstClose One platform with Mortgage Director allows customers to order instant and bundled reports on flood, valuation, tax, and title. Users will also be able to access Mortgage Director's loan origination system, for home equity loans and HELOCs.
Additionally, the integration gives Mortgage Director customers the ability to accelerate turnaround times and cut costs while increasing borrower satisfaction.
"Partnering with Fiserv gives us an opportunity to share the benefits of FirstClose ONE to a market that might be new to originating loans outside of first liens," said Tim Smith, chief revenue officer and co-founder of FirstClose. "The landscape of the industry is changing dramatically and rapidly. More lenders will need tools to meet the changing demands of borrowers."