In September 2021, Clear Capital announced its acquisition of CubiCasa, a Finland-based proptech startup. Through this acquisition, Clear Capital will empower CubiCasa, expanding its revolutionary mobile technology that automates floor plan sketch creation and digitizes property data collection. Clear Capital and CubiCasa are working together to digitize the appraisal process and expand on Clear Capital’s ongoing efforts to bring more consistency and accuracy to home appraisals through innovative technology, improved processes, and policy modernization. CubiCasa’s technology reduces the subjectivity and inconsistency of the traditional “hand-drawn sketch” method of determining a home’s size, still used by appraisers today, and empowers even untrained homeowners to produce accurate results.
Loan Origination, Servicing and Secondary