Innovation

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.

Valligent, a Veros Software company providing real estate valuation solutions, has enhanced their traditional appraisal quality control process with BiasCHECK, a technology-based risk analysis solution integrated into Valligent’s appraisal review to quickly detect if an appraisal may be at risk for potential valuation bias or quality issues that need deeper analysis.

Fintech provider Forta Solutions has launched Agility, a warehouse lending platform that offers warehouse lenders transparency, efficiency and a faster, more secure path to liquidity. Designed by warehouse lenders and built with modern technology, Agility features APIs that enable seamless integrations with both internal and third-party vendors’ systems, a first in the warehouse lending industry.

Blue Sage Solutions, LLC, developers of a browser-based, end-to-end cloud-based platform, reported that Service Credit Union, a $5 billion credit union serving members around the world, went live on the Blue Sage Digital Lending Platform, including a full-functional point of sale (POS), loan origination system (LOS), and document management solutions. Service CU expects to improve their members’ experience, streamline mortgage origination processes, and create significant cost savings.

Solve Mortgage, a Non-QM wholesale lender based in Calabasas, California, is optimistic about mortgage lending. After a solid first half of 2023, Solve Mortgage’s president Blake Scheifele believes that market conditions are now robust, providing an opportunity for his business to grow.

Xactus, a verification provider for the mortgage industry, reported that Appraisal FirewallX has met the requirements and is capable of fulfilling Fannie Mae property data collection orders. It is connecting mortgage lenders with vetted and trained property data collectors to deliver the value acceptance + property data and hybrid appraisal solutions. The company also supports Freddie Mac’s ACE + PDR initiative.