Verification technology company Xactus on Monday announced the launch of its open API portal, which allows partners to access integration rules that enable a faster, easier way to integrate their own tools or platforms with Xactus360, an Intelligent Verification Platform (IVP).
Utah-based Inside Real Estate has acquired ListAssist, which provides artificial intelligence (AI)-powered search and marketing technology that’s designed to enhance the property search experience.
The products, which are fully integrated into the Encompass system, allow mortgage professionals to quickly and accurately streamline lending processes, improve accuracy and support compliance efforts, the company said.
The companies say the technology will improve appraisal accuracy, automate parts of the review process and help lenders, appraisal management companies (AMCs) and individual appraisers identify errors.
Xactus has become the first technology partner to introduce the FICO Score Mortgage Simulator, a new tool designed to help lenders and borrowers understand how credit decisions impact mortgage eligibility. The simulator, developed by FICO, is the only mortgage industry tool that uses FICO scores and FICO score algorithms. It is now available through verification […]
Floify has introduced Dynamic Apps, a new feature that allows mortgage lenders to customize loan applications based on loan type. The no-code tool aims to simplify the application process for borrowers while ensuring regulatory compliance and expediting approvals.
On Thursday’s earnings call for Q4 2024, the company reported that it generated net revenue of $1.8 billion and adjusted revenue of $1.2 billion, with the latter figure coming in at the high end of Rocket’s expectations.