Dark Matter Launches Assumable Mortgage Feature For Empower LOS

Dark Matter Technologies jumped head-first into the assumable mortgage space with a new feature in its Empower loan origination system. The Loan Assumptions feature makes Empower the first mortgage loan origination system to natively support these types of transactions. “After successfully piloting our loan assumption capability with a select group of early adopters, we’re incredibly pleased with the progress, success, and the general availability of this important feature that consumers and real estate agents are increasingly asking for by name,” said Dark Matter CEO Rich Gagliano.  “By partnering with Dark Matter, mortgage originators and servicers can transfer assumable mortgages for home buyers and sellers in a manner that is compliant and efficient.” Assumable mortgages are gaining popularity as homebuyers and…