Solving the Post-Close Challenge with Intelligent Automation

Join our upcoming webinar as SoftWorks AI CEO and Avanze CEO explore the advances in tech that allow for greater levels of automation and cost reduction, especially in support of post-close and pre-fund review.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

The 100-years-war over real estate commissions

HousingWire plunges down the rabbit hole of residential real estate commissions, uncovering the past, present and future of this wholly unique part of the economy.

Real estate agents and LOs: the great collaboration

We spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey.

Awards

2020 HW Tech100 Mortgage winner: Finicity

Simplifying the mortgage process for borrowers and lenders

Finicity is simplifying the mortgage process for borrowers and lenders. Through digital verification solutions, Finicity allows lenders to gain insights quicker, make more accurate decisions and improve customer experiences. Finicity is an approved report provider for Fannie Mae’s Day 1 Certainty and Freddie Mac’s Automated Income and Asset validation programs. Finicity’s new Verification of Income and Employment solution erases the pain points of what has been, until now, a labor intensive process.

  • While the success rate for existing automated solutions hovers around 15% to 25%, Finicity’s VOIE solution is anticipated to provide successful income and employment verification coverage of over 70%.
  • Digital verifications can shave as much as 12 to 14 days off the origination process, helping to push the industry to a rapid closing with increased accuracy, while improving profitability.
  • Finicity’s Verification of Income and Employment solution triples the success rate of current automated verification products and introduces digital technologies to the origination process.

https://www.finicity.com/

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3d rendering of a row of luxury townhouses along a street

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