Previous The Empower Loan Origination System (LOS)
Empower is an enterprise loan origination platform supporting multi-channel lenders across retail, wholesale, correspondent, home equity and assumption channels, boasting persona based user experiences for borrowers, loan officers, brokers, and loan sellers, all integrated through Empower’s APIs for real-time status, data transmission and communication. Empower has the most mature and configurable process automation and orchestration engine in the industry, taking advantage of real-time data monitoring to dynamically determine the next set of tasks needed for a loan to move towards funding, and assigning work to the automation or to humans based on skills and capacity to ensure the right work is performed by the right resource at the right time.
The Empower platform is supported by Aiva, Dark Matter’s artificial intelligence document management capability, automatically classifying documents and extracting data from those documents. Data from documents is used for income and asset reviews and quality control checks to ensure loans are properly prepared for underwriting and loan delivery.
All of this is delivered to Empower clients in a bundled pricing model where the core loan origination software, APIs with model context protocol support, persona based user experiences, product and pricing from OB, Polly or our own Native PPE, configurable process automation, document generation from Doc Magic, DocuTech or Wolters Kluwer, fee and tax estimation, flood certification, regulator risk assessment and business intelligence, all under one price per closed loan.
Dark Matter
Dark Matter is the home of the Empower Platform for loan origination, the Exchange Servicer Provider Network, Aiva Intelligent Document Management and Elevate Servicing Platform.
Dark Matter has been at the forefront of automation in mortgage technology and continues that tradition while bringing innovation through the most current AI capabilities and a Developer Platform that invites partners and lenders alike to bring their own innovations into the process as well.
Facts about The Empower Loan Origination System (LOS)
Empower has been serving lenders of all types for decades, from mega banks to small credit unions, large national IMBs to smaller IMBs just starting out. Lenders with complex DBA and Joint Venture programs to lenders who focus on a narrow lane.
Today’s Empower Platform isn’t the same Empower Platform you remember from two years ago.
There’s a new clock at work at Dark Matter and the pace of innovation, partnership and automation is faster and more effective than it has ever been.
Presenter Information:
Craig Rebmann Product Evangalist,
Dark Matter Technologies
