Aster Key expanded its self-service, automated Proof of Funds Letter program, complete with asset and ID verification. Buyers can quickly and securely verify their identity and finances from their phones. It’s free to use, and real estate agents can distribute it freely to buyers as well. The program is a response to the number of…
Flyhomes is betting that AI is the future of real estate, acquiring startup ZeroDown and launching a new home search portal. “Flyhomes AI” was developed over the last two years and brings “conversational” real estate search and research to the market. Its AI is trained on nearly 1,000 data points from different sources, which Flyhomes…
Rocket Companies has appointed an AI-oriented independent director to its Board of Directors, according to a press release. The new addition, Alex Rampell, is a general partner at Andreessen Horowitz who focuses on fintech investments. Described as a “serial entrepreneur,” he co-founded companies like Affirm, a leader in “buy-now-pay-later,” and TrialPay, a transactional advertising and…
By KIMBERLEY HAAS Leaders at a California-based digital lending solutions provider say they are using generative AI to redefine the financial services landscape. The launch of Data Beats by Tavant was announced at the Mortgage Bankers Association’s annual convention and expo in Philadelphia this October. The platform will initially be used for mortgage and home…
Fintech Hometap made two exec-level appointments geared towards leveraging capital markets, the company announced in a press release. Cara Newman has joined the company as Head of Structured Finance, while Josh Gaffney has been named General Counsel. Both will report to CEO and co-founder Jeffrey Glass. “I’m thrilled to welcome Josh Gaffney and Cara Newman…
Leaders at Blue Ridge Bank have announced that Kirsten Muetzel is their new president of the Fintech Division of the company. Muetzel brings over a decade of experience working with the Federal Reserve system, including supervising banks involved in BaaS and related partnerships. Additional experience includes being a Chief Financial Officer and Chief Risk Officer…
By KIMBERLEY HAAS The new executive vice president and chief operating officer at LendArch says they can enable lenders to optimize the mortgage experience from start to finish by digitalizing the real estate financing process. Karthik Kumar has 25 years of experience in the industry. He worked for Tata Consultancy Services from 2004 to May…
By KIMBERLEY HAAS The typical American spends between five and six hours a day on their mobile phone so mortgage companies are developing new technologies to help them meet customers where they are. Brett Bivenour, Chief Technology Officer at Nationwide Mortgage Bankers in Melville, New York, explained during an interview with The Mortgage Note last…
Fintech company FinLocker has named Andria Thomas as Senior Vice President, Product. “As FinLocker continues to build market traction and looks ahead to the next three to five years, we recognize the need to add more consumer understanding and leadership to our team,” said Prabhakar Bhogaraju, FinLocker Executive Vice-President, Head of Strategy and Product Development….
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