Consolidation of OpenClose’s comprehensive LOS and new digital mortgage POS were keys to Regalbuto receiving the award
WEST PALM BEACH, Fla. – Dec. 17, 2020– OpenClose®, the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), announced that its CEO and CTO, Jason Regalbuto, was named a 2020 HousingWire Tech Trendsetter award recipient. The award recognizes the most impactful and innovative technology leaders serving the housing economy.
Regalbuto was selected to this exclusive list by HousingWire’s editorial board, which bases their choices on an individual’s professional success, over the last 12 months, in addition to overall career accomplishments for both their companies and the industry sector that each winner represents. Winners came from various technology sectors within the housing economy: residential mortgage lending, servicing, investing, construction, and real estate. HousingWire’s 2020 Tech Trendsetters are made up of product and technology leaders who have been indispensable in bringing innovative tech solutions to market for housing industry clients.
“Our Tech Trendsetters award recognizes a group of leaders who were critical to the outstanding performance of housing and real estate during this pandemic, finding innovative solutions when everything changed on a dime,” said HousingWire Editor in Chief Sarah Wheeler. “We’re very proud to celebrate their achievements and honor the impact they’ve had at such a crucial time.”
Regalbuto was recognized for his early work in ensuring that OpenClose and its solutions were all engineered as completely browser-based applications, making the company the mortgage industry’s first truly SaaS and web-based end-to-end LOS on the market. Additionally, he is a recognized industry-wide as a visionary technology leader with a roll-your-sleeves up approach to working with his team to continually enhance OpenClose solutions and constantly innovate. In particular, Regalbuto was credited with reimagining the way the digital POS and LOS function, launching OpenClose’s single-source digital mortgage POS as consolidated with its omni-channel LOS, which lenders have been quickly adopting since its official introduction in 2019.
“It’s a huge honor to be recognized by HousingWire for what we’ve achieved at OpenClose over the past year,” said Regalbuto. “Amid the ongoing challenges the pandemic created, we were able to innovate, take new customers live remotely, and ensure that their onboarding and training go very smoothly. Further, OpenClose’s fully browser-based platform has made it easy and non-disruptive for operations to smoothly make the transition to a work-from-anywhere environment. We’ve been successfully operating in uncharted territory during the pandemic and I am elated to join HW’s 2020 class of Tech Trendsetters.”
OpenClose has experienced a banner year in new revenue in 2020 and expects 2021 to be even better. Regalbuto plans to continue driving innovation and expansion aggressively into the new year, with multiple new enhancements and products to be announced in Q1.
“In its second year, the 2020 Tech Trendsetters once again surpassed all expectations as the housing industry rose up to meet unprecedented challenges,” HousingWire Magazine Editor Kelsey Ramírez said. “This year’s Tech Trendsetters represent shapers whose innovative solutions continue to inspire the industry.”
The complete list of this year’s 2020 Tech Trendsetters can be found on HousingWire’s website www.housingwire.com/articles/introducing-the-housingwire-2020-tech-trendsetters/.
Founded in 1999, OpenClose is the preeminent fintech provider that developed the mortgage banking industry’s first SaaS-based lending automation software platform. Today, the company has expanded to become an award-winning, comprehensive loan origination software suite that slashes the cost to manufacture loans by up to 40 percent, reduces processing and underwriting cycle times by up to 50 percent, and requires minimal support to install and manage. OpenClose is the only vendor in the industry able to offer a true end-to-end, omni-channel, 100 percent browser-based, workflow-driven platform that effectively consolidates the digital POS, LOS, PPE and BI functions via a single provider, with easy access from any browser or mobile device. For more information, visit https://www.openclose.com/ or call (561) 655-6418.
HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to MoveMarkets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.
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