New Tavant Tech To Amplify Customer-Centricity And Transform Borrower Experiences

Tavant, a Silicon Valley digital lending solutions provider, has launched VΞLOX NXT, the latest and most advanced edition of its AI-based digital lending platform. The fully re-architected solution combines the proven back-end optimization and automation features with new, advanced customer-centric capabilities to provide borrowers, loan officers, and mortgage brokers a more unified, engaging, and adaptive experience. VΞLOX NXT will be available in-market and to current customers in March 2022.

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Blockchain-Based, AI-Powered Mortgage Advisor Home Lending Pal Raises $2.2M In Pre-Series A Round

The Mortgage Collaborative, the nation’s largest independent cooperative network serving the mortgage industry, announced that the TMC Emerging Technology Fund LP (the “Fund”) recently led a pre-Series A investment round in Home Lending Pal. Home Lending Pal is a technology-enabled marketplace that focuses on fair lending practices by using artificial intelligence and distributed ledger technology to turn a complex home research and origination process into an easy online shopping experience for both qualified and unqualified borrowers. Home Lending Pal’s platform assists consumers, particularly minorities and millennials, to assess their financial ability to take on a mortgage. It also guides them to take actions to improve their access to mortgage financing and select mortgage originators with whom they want to share their application information based on an AI algorithm that predicts probability to close.

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