Warehouse management system OptiFunder has expanded its platform features, including a layer of protection against wire fraud. The new Wire Data Check feature:
- Instantly checks wire instructions against OptiFunder’s extensive wire transaction database
- Continuously monitors and detects changes in instructions up to and including the funding process
- Customizes the level of review to meet a lender’s risk tolerance
- Automates the wire instruction review process – no additional workflow steps required.
Wire Data Check is the latest feature in the OptiFunder Warehouse Management System that
provides a single solution for mortgage originators to manage the entire funding process across multiple warehouse partners from the initial funding through loan sale, purchase advice
reconciliation, and final paydown.
Follow NEXT on LinkedIn for the latest industry news and executive intel.
