Innovation

CrossCountry Mortgage (CCM), a distributed retail mortgage lender, has transformed its closing operations through Blend Close, achieving dramatic gains in efficiency, accuracy, and borrower experience across its 1,000+ branch network.

Milo, a financial technology company and provider of crypto lending, has originated over $100 million in crypto mortgages, representing significant growth in institutional and high net worth adoption of digital asset based financing. The milestone includes the company’s largest single transaction to date, a $12 million crypto mortgage.

Outamation has achieved ISO/IEC 42001:2023 certification. Outamation is the first mortgage technology company in the United States to meet the rigorous international standard for Artificial Intelligence Management Systems (AIMS).

HarborOne Mortgage, a mortgage provider serving the Northeast since 1983, has partnered with Calque to offer its borrowers cost-effective ‘buy before you sell’ solutions like The Trade-In Mortgage and the Contingency Buster. These innovative loan options allow homeowners to purchase a new property without needing to sell their existing property first.

In a high-interest rate environment, mortgage lenders must find new ways to differentiate to be successful. How do they do that? The only answer is to innovate by improving the overall mortgage process by adopting new technologies, but what is mortgage technology innovation, really?

Rapidio, a provider of mortgage underwriting technology, announced availability of its data platform to safely transform mortgage lending with speed, accuracy and security.

Nationwide Property & Appraisal Services (NPAS) has launched Credit Union Edge, a product line designed to give credit unions a competitive edge in the world of valuation services.

SingleSource Property Solutions, a provider of property services supporting the U.S. housing industry, now offers data collection suites and a proprietary mobile app, SingleVue for the Fannie Mae Value Acceptance + Property Data Initiative.

Minneapolis, Minnesota, has selected the Cloudvirga Horizon Wholesale platform to optimize efficiency within its wholesale mortgage division.

Clarifire, a provider of workflow automation, announced that Evergreen Home Loans has selected CLARIFIRE as its servicing workflow application. Evergreen, which has a servicing portfolio of $10 billion, plans to leverage CLARIFIRE to scale and increase competitive market share.