FinTech

Mortgage Tech Rundown: Tavant, LBA Ware, and Resonai

The latest in mortgage and real estate technology

Tavant, a provider of AI-powered digital lending technologies, announced that Consumer Direct Mortgage, a division of FirstBank, leveraged FinXperience to launch a new consumer-direct digital lending platform.

FinXperience is a point-of-sale solution that provides a digital experience across all lending channels. By leveraging the solution, FirstBank can now provide borrowers with a “differentiated” lending experience through a seamless integration of data-driven processes, a suite of portals and companion mobile applications, according to the company.

“FinXperience, empowers the Bank with a design-centric approach and enables a seamless, device-agnostic experience to meet evolving customer expectations,” said Hassan Rashid, Tavant’s chief revenue officer. “This initiative will accelerate FirstBank’s digital transformation journey and further improve the overall home buying experience for their customers while optimizing existing business processes and functions.”

Automated compensation software and systems integration solutions provider, LBA Ware announced that Guaranteed Rate has enhanced the loan originator experience with the implementation of CompenSafe.

LBA Ware’s flagship solution, CompenSafe, gives lenders the flexibility to implement incentive compensation plans for recruiting and retaining top talent while eliminating the complexity of managing multiple compensation plans manually on spreadsheets. 

“Lenders of all sizes — from community banks and independent mortgage lenders to companies like Guaranteed Rate that are leading the industry in loan production — need technologies that allow employees to focus on the tasks that add the most value,” said Lori Brewer, LBA’s founder, and CEO. “CompenSafe delivers immediate gains in operational efficiency while simultaneously improving the compensation experience for any lender’s most important asset: its loan teams.”

Resonai, an artificial intelligence, and augmented reality company, launched a new computer vision platform that creates intelligent digital twins of any building or physical space.

The platform, Vera, embeds intelligence into the physical environment to enable communication between any device or agent. Using the Vera platform, real estate developers can now create scalable AR applications with functionality that was not previously available, according to the company.

“Resonai is introducing a paradigm shift in spatial computing. By solving some of the most critical challenges in computer vision and spatial embedded AI, we can now transform any physical environment into an Intelligent digital space, that communicates and synchronizes data across devices,” said Emil Alon, Resonai’s CEO, and founder. “For the commercial real estate industry, this means a new way to interact with physical spaces to solve real business issues and will unlock a whole new asset class: Digital Real Estate.”

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