Digital Mortgage Solutions Provider Acquired By An Affiliate Of Sun Capital Partners

LoanLogics, a digital mortgage solutions provider creating an investor network ecosystem for digital loan commerce, reported that an affiliate of Sun Capital Partners, Inc. (“Sun Capital”), a private investment firm focused on defensible businesses in growing markets, has completed an acquisition of the company. Terms of the private transaction were not disclosed.

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Tavant, LoanBeam Partner To Enhance Digital Mortgage Experience

Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, has formed a strategic partnership with LoanBeam, a mortgage technology company that specializes in data extraction and income calculation, to further enhance the digital mortgage experience with automated borrower income calculation. LoanBeam’s APPSolute suite of automated income analysis tools is now integrated with Tavant’s FinConnect, helping lenders close loans faster by standardizing and streamlining the application process, removing human error, increasing transparency, and improving accuracy.

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