
Panorama Mortgage Group began in 2007, originating from Alterra Home Loans, which focused on serving first-time Hispanic homebuyers it has since grown to over $1.3 billion in annual originations. Additionally, OptiFunder automates the submission of data and documents between warehouse facilities and the lender, and investors and the lender, transforming the way mortgage lenders and originators perform funding and secondary market transactions. OptiFunder developed a patented optimization algorithm to optimize where originators fund every loan to achieve the best financial performance. OptiFunder is a fully integrated and automated Warehouse Management System for mortgage originators. "We are excited to help reduce costs and facilitate the flow of capital for our clients and, ultimately, the borrowers they serve." Having optimized decisioning, useful, aggregated analytics and automated warehouse funding in one platform is transformational for our clients," advised Brian Abbott, OptiFunder COO. "With this year's challenges many mortgage bankers are eager to utilize OptiFunder's optimized decisioning to reduce their warehouse expense, which is one of the largest items on their P&L. "We're looking forward to strategically managing our warehouse facilities and accessing real-time utilization analytics."įounded in 2019, OptiFunder counts many of the largest independent originators in the US among its clients. OptiFunder does it automatically, and we can move them to more productive tasks," states Sarah Gonzalez, President & COO. "We are simplifying processes for both our Funding and Accounting Teams our teams no longer need to spend time accessing, entering or updating data fields. LOUIS - ApPRLog - OptiFunder SM announces Panorama Mortgage Group, LLC as the latest independent mortgage originator to utilize its Warehouse Management System which includes an optimized decision engine for funding allocations and automation of tasks such as funding requests, shipping instructions and Purchase Advice reconciliation.
