Finance of America (FOA) continued its recent streak of growth in the second quarter of 2025, funding $602 million in mortgages and producing $80 million in net income. FOA, one of the nation’s leading reverse mortgage lenders, exceeded the top end of its stated quarterly guidance for investors as the $602 million in volume from […]
Finance of America reports $80M profit, buys out Blackstone Read More »
Last month, Rhode Island enacted a new cybersecurity law significantly tightening cybersecurity requirements for nonbank financial institutions within the state, largely mirroring the framework established by the New York Department of Financial Services, or NYDFS. The law, effective immediately, applies to nonbank financial institutions licensed by the state’s Department of Business Regulation and signals a
Rhode Island writes its own cybersecurity rules for nonbanks Read More »
There is nothing more excruciating to a title agency owner than the uncertainty engendered by a chaotic and unpredictable economic environment. Welcome to 2025, where continued economic volatility and the prospect of a recession continue to exert their impact on real estate markets. On the upside, employment numbers have remained steady, and housing inventory has
The San Francisco Association of Realtors (SFAR) has partnered with Collov AI to provide its more than 4,000 members access to artificial intelligence-powered virtual staging tools. Beginning this week, the tools will be available directly through SFAR’s multiple listing service platform. The technology allows real estate agents to transform empty rooms into photorealistic, professionally designed
San Francisco Realtors add virtual staging tools Read More »
Developer Platform The Developer Platform offers access to a fully open API ecosystem. By providing external developers with self-service access to documentation, code samples, and integration guides, the portal eliminates barriers to innovation—empowering clients and partners to build on Empower with greater speed and autonomy. Designed with the developer experience at its core, the portal
August Demo Day: Developer Platform by Dark Matter Read More »
AutomatIQ Borrower Income Analysis Multiple income sources? Calculate self-employed income? That’s easy. With a streamlined interface and productivity gains of up to 100%, AutomatIQ Borrower Income Analysis’ all-in-one solution helps quickly qualify borrowers and reduces the risk of loan repurchases. Plus, all available GSE rep and warrant programs and all income types are included with
August Demo Day: AutomatIQ Borrower Income Analysis by Cotality Read More »
Sapiens Decision AI Decisioning Platform (“Decision”) Sapiens Decision is an intuitive modern AI decisioning SaaS solution designed for automating complex decisions. Our visual modeling workbench is based on a proven methodology that covers decision modeling, testing, and governance. Auto-generation of code from models reduces time, cost, and defects. Sapiens Decision is technology agnostic with standards-based
August Demo Day: Sapiens Decision AI Decisioning Platform (“Decision”) Read More »
Blend’s DocAI Blend’s DocAI revolutionizes mortgage and home equity closings by automating document processing, dramatically shortening time to close and boosting customer satisfaction. Product Fast Facts #1 Instantly verify uploaded document type and check for data mismatches, shortening time to close and accelerating decision making #2 Real time checks at the beginning of the process
August Demo Day: Blend’s DocAI Read More »
Title Analysis – Touchless Lending Tavant’s AI-powered Title Analysis solution identifies title risks, extracts relevant data, andprovides lender-ready recommendations—streamlining the closing process and reducingrepurchase risk. Product Fast Facts #1 AI reads and interprets complex title docs using intelligent promptsand legal logic. #2 Auto-generates conditions to resolve liens, outdated surveys, andunpaid taxes. #3 Reduces manual review
August Demo Day: Tavant Title Analysis – Touchless Lending Read More »
Figure Technology Solutions is taking another shot at going public, just weeks after announcing that all parts of its operations — including its lending arm and blockchain-powered financial marketplace — will be consolidated into a single company. The fintech firm said Aug. 4 that it confidentially submitted a draft registration statement on Form S-1 with
Figure confirms plans for IPO sometime in 2025 Read More »