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LoanLogics integrates digital document processing tools with Finastra’s MortgagebotLOS

Housing Wire

LoanLogics, a mortgage loan quality automation provider, announced the integration of two of its document processing tools with Finastra ‘s MortgagebotLOS solution on Wednesday. This integration aims to enhance lender capabilities and facilitate document processing and income calculation, the statement said.

Tools 361
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Proof launches AI-powered fraud detection tool

Housing Wire

Remote online notarization (RON) firm Proof has launched an artificial intelligence (AI)-powered fraud detection tool called Defend. According to the company’s announcement on Tuesday, the tool is built into the Proof platform. caused by falsified records, forged signatures and identity theft.

Tools 307
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Rapidio releases new income assessment tool for underwriters

Housing Wire

Rapidio , a mortgage underwriting technology provider, on Monday released the income assessment component of its underwriting product, FlexStack Component System. The new tool is an automated income verification feature, which is available across various types of loans, including conventional loans, FHA and VA loans.

Tools 375
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ACES Announces Partnership with Document Processing Firm Infrrd

Appraisal Buzz

ACES Quality Management is partnering with Infrrd to provide AI-powered intelligent mortgage document processing to clients. With a focus on research, innovation and customer-centric automation technology, Infrrd has launched a new platform designed to streamline pre-close and post-close auditing processes.

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Fintech Stavvy acquires technology suite SigniaDocuments

Housing Wire

Stavvy , a fintech firm specializing in digital and remote collaboration for lending and real estate companies, acquired SigniaDocuments, a technology suite from Texas-based lender Evolve Mortgage Services. Stavvy will offer eNote, SMART Doc disclosures and loan documents for all 50 states across all loan programs.

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Paradatec’s Mortgage Document Technology Now Available in AI-Cloud Offering

Appraisal Buzz

Paradatec , a provider of AI-based document classification and data extraction technology for mortgage loan processing, now offers its software via the cloud. That means lenders and servicers can easily access the company’s automated AI and machine learning tools via the cloud.

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LoanLogics rolls out automated income calculation tool

Housing Wire

LoanLogics this week rolled out LoanBeam Wage, a new automated tool that enables lenders to calculate borrower’s income quickly by using paper-based paystubs and W2s. Paper and PDF documents, such as paystubs and W2 forms, are used to qualify borrower income on roughly 70% of all applications containing wages.

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