Mortgage tech information roundup

Mortgage tech news roundup: Sept. 23

The upgraded model of AuditGenius leverages the corporate’s “Genius” tech stack – an interconnected and proprietary mix of know-how – to assist AuditGenius customers to satisfy exceedingly stringent high quality management necessities. On the similar time, the know-how is designed to scale back the necessity for extreme guide opinions and re-reviews.

“Within the present mortgage market, lenders need to improve high quality management with out growing the variety of assets,” Rachael Harris, SVP of product administration, mentioned in ready remarks. “By incorporating this foundational know-how into AuditGenius, the concept is to allow meticulous, in-depth, pre-fund mortgage audits at scale, proactively capturing defects within the knowledge and paperwork that will in any other case end in repurchase danger.”


Staircase launched a brand new software designed to assist personal mortgage insurers immediately automate the underwriting of non-delegated mortgage trade insurance policies for lenders, at what it claims can be half the standard value.

Dubbed MI Underwriting, the software absolutely automates the non-delegated underwriting course of by pulling paperwork and knowledge immediately from lenders so insurers could make prompt coverage choices. It additionally comes with built-in high quality management opinions. As well as, it depends on know-how from Staircase Loanboarding, which makes use of machine studying instruments to remodel uncooked mortgage paperwork into unstructured knowledge.

Staircase is an API and low-code market that automates complicated applied sciences and makes them self-serve within the US residential mortgage trade.

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