NEW TO MARKET

NEW TO MARKET

Wipro Gallagher Solutions Partners With EXOS Technologies Wipro Gallagher Solutions, a provider of loan origination software solutions, announced its partnership with EXOS Technologies, a division of ServiceLink. EXOS’ platform provides tech-enabled mortgage services throughout the lending life cycle.

Nexsys Joins With Lemonade To Simplify Insurance Verification Nexsys Technologies partnered with Lemonade, an insurance company, to simplify the homeowners insurance verification process with Clear HOI. It digitizes the previously manual communication between mortgage lenders and homeowners insurance companies.

Orchard Launches New Mortgage Product The home buying marketplace Orchard now offers Orchard Home Loans, a fullyintegrated real estate platform for buying and selling a home. It allows homebuyers to choose from various rate options while outlining all of the steps and costs associated with their choices.

Calyx Introduces Cloud-Based Zenly Platform Calyx announced its new, cloud-based origination platform for brokers, Zenly, that handles the steps needed to complete a full mortgage application and deliver it, with the accompanying documentation, to a wholesale lender.

Mortgage Cadence Offers Free Software Mortgage Cadence is offering its Collaboration Center software free to mortgage lenders for a limited time, due to the increasing number of employees working remotely. To qualify for the free 90-day offer, lenders must sign up by July 31 and implement the software by Dec. 31, 2020.

ARMCO Enhances Audit Tech ACES Risk Management (ARMCO) announced several enhancements to its ACES Audit Technology platform to aid lenders’ loan defect categorization and post-closing quality control efforts. Users can now order, track and receive credit reports from Data Facts and field reviews from Service1st without leaving the ACES system.

Tavant Launches FinDecision Tavant, a provider of AI-powered digital lending technologies, launched its FinDecision product for Ellie Mae’s Encompass. FinDecision provides an automated, single-click approach to achieving loan fungibility across agency automated underwriting systems, as well as private investors.

New Digital Home Lender “Beeline” Launches A new digital home loan lender, Beeline, launched in six states and the District of Columbia, modernizing the homebuying process directly from users’ phones and providing approvals in as little as 15 minutes. Beeline uses both artificial intelligence and personal “loan guides” in its initial markets of Washington, D.C.; Florida; Maryland; Massachusetts; Rhode Island; Texas; and Virginia.

Beeline links directly to a user’s personal bank, employment and pay information, and tax history, using machine learning to create a purchase-ready or refi-ready approval, retrieving actual numbers directly from the third-party source as opposed to the user’s estimated information.

JetClosing Offers Digital Refi Solution JetClosing launched JetClosing Refinance, a digital mortgage refinancing solution. It is available in Arizona, Colorado, Nevada, Texas and Washington.

Maxwell Introduces New Fulfillment Platform Digital mortgage provider Maxwell unveiled the Maxwell Fulfillment Platform to help small and mid-sized lenders scale processing capacity. It will serve as an extension to Maxwell’s existing digital mortgage platform as an outsourced solution for lenders looking to scale their business, with access to teams of onshore providers.

IDS Expands Its eClosing Platform, Rebrands as Solitude Solution International Document Services Inc. (IDS) expanded the capabilities of its eClose platform to include eNotes. Recently branded as Solitude Solution, the platform’s eClosing capabilities allow lenders and borrowers to execute loans digitally.

YOUR TURN

National Mortgage Professional invites you to submit any information promoting new “niche” loans programs, new products or any other announcements related to the introduction of a new program to the attention of:

New To Market column E-mail: editorial@ambizmedia.com

Note: Submissions must be sent via e-mail. The deadline for consideration of submissions for possible publication is the 1st of the month prior to the target issue.