Ryan Saniuk

Down payments for new and used cars are higher than ever as car loan delinquencies rise Several months ago, OpenClose™ posted a blog that detailed how soaring car payments could impact a borrower’s ability to qualify for a mortgage or access funds for a desired home at current prices. Now, continued interest rate hikes make …

Car Payments Keep Soaring, Taking an Even Bigger Bite Out of Prospective Homebuyer DTI Read More »

With its acquisition by MeridianLink®, customers gain access to cutting-edge resources that can propel their businesses forward and further benefit their borrowers and members. The acquisition of OpenClose by MeridianLink® represents a new dawn for OpenClose customers­­ with ample tools to thrive via the innovation and support granted by MeridianLink and its wealth of resources. …

OpenClose to Bring Accelerated, Frictionless, and Comprehensive Innovation to Mortgage Technology Read More »

Occasionally lumped together, there are similarities, but also important, distinct differences When consumers, borrowers, and businesses are frustrated with behemoth banks, they sometimes believe there is no other depository or lending institution to which they can turn in order to hold their savings or help their business (personal or professional). So, when clients are considering a …

Walking the Line Between Community Banks and Credit Unions Read More »

Generally, women are underrepresented in the fintech space—a disparity that OpenClose is actively changing. Women in the Fintech World (Macro) Traditionally, the world of financial technology (fintech) has been heavily skewed toward men. So, it’s no surprise that Business Today’s Online Journal found that less than 30% of fintech employees are women. And, as the …

OpenClose Is Paving the Way for Women in Financial Technology Read More »