A 2023 Innovation Award Winner

"Prominent mortgage executives gathered digitally to see who the Executive Team of PROGRESS in Lending named the top industry innovations of the past year at the 13th Annual Innovations Awards Event. This honor is the Gold Seal when it comes to recognizing true industry innovation. All applications were scored on a weighted scale. We looked for the innovation’s overall industry significance, the originality of the innovation, the positive change the innovation made possible, the intangible efficiencies gained as a result of the innovation, and the hard cost and time savings that the innovation enables industry participants to achieve."

"The Executive Team of PROGRESS in Lending is proud to give OptiFunder our Innovations Award this year. Enter OptiFunder Warehouse Management System is a patented optimization engines that analyzes loan pipelines in the LOS to determine the optimal warehouse placement for each and every funded loan while significantly reducing the mortgage banker’s borrowing costs. Once the funding decision has been made, OptiFunder provides the bridge between the primary origination market into the disparate third parties in the secondary market by automating touchpoints between warehouse lenders, document custodians, GSE’s, and end servicing investors. OptiFunder’s new marketplace connects originators to their warehouse banks, document custodians, mortgage title companies, final mortgage servicers and government agencies in a single platform. Mortgage Bankers can complete an entire day’s worth of work in seconds."

See the full list: https://mymortgagemindset.com/the-2023-innovations-award-winners-are/