SYNCLUSIVE | Time to get together.’s Post

MortgagX | AI Mortgage App, which launched in June 2024, aims to support easier, faster, and more transparent interactions between #MortgageAdvisers and clients with solutions including intelligent fact-finding, screening, and sourcing. With the latest update, MortgagX is now ready to cater to banks and lenders too, offering a comprehensive knowledge base for different bank criteria and smart underwriting capabilities.

Interest in #AI among our members has exploded over the last year and a half. "It's an area of unimaginable potential but also a lot of risk both in terms of compliance and making sure that borrows are treated better as a result of AI." Listen to Mortgage Bankers Association's Robert Broeksmit talk #tech and AI in mortgage on the latest episode of the RegFi podcast! 🎧

🗞️ Simplist Technologies has announced the official launch of Sonar, the world’s first mortgage experience platform. This follows a successful beta phase with over 200 mortgage companies. Sonar seamlessly integrates loan origination system (LOS) and point-of-sale (POS) systems, providing mortgage professionals with a comprehensive, all-in-one solution to revolutionize the mortgage journey from start to finish. The mortgage industry has long grappled with outdated and disconnected systems, often requiring mortgage professionals to juggle multiple tools to manage a single loan. This disjointed process can result in high costs, inefficiencies and frustration for originators and consumers alike. Sonar addresses these challenges head-on by offering a unified platform that simplifies the origination process, enhances productivity and reduces costs. “With Sonar, we’ve combined the POS and LOS into a single, streamlined platform, enhancing the entire mortgage journey for mortgage originators and borrowers alike. By helping thousands of people secure mortgages through Simplist, we gained deep insights into the often disjointed and complex nature of mortgage systems. We experienced firsthand the frustrations of using a fragmented tech stack, and Sonar was built to solve these problems by creating a seamless, modern solution for the entire industry — including borrowers and mortgage professionals alike.” - Chris de la Motte, co-founder and co-CEO #news #mortgagesystems #AI https://lnkd.in/g8NeNJSz

Target Group Partners With Provenir to Supercharge Mortgage Hub Platform Melanie Spencer, sales and growth lead at Target Group, said: “In today’s climate, it has never been so important for lenders to be able to make informed decisions, and for the good of the entire mortgage process, to make those decisions quickly. Having Provenir behind the scenes of Mortgage Hub to help power decision making certainly helps to achieve this, all the while improving the experience for customers, brokers and all parties in the mortgage journey. “It is great to partner with Provenir for Mortgage Hub, given that we are aligned in our ambitions to facilitate digital transformation among financial institutions. With its clear capabilities and end-to-end approach, the Provenir platform supercharges our state-of-the-art Mortgage Hub platform.” https://lnkd.in/eqQ9UPxM Rosalyn Byrne (ACIM) Rob Milloy Tom Trevorrow Peter O'Connor Mark Collingwood Cathy Starr David M. Carol Hamilton #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

🎧 LISTEN: President and CEO Robert Broeksmit discusses mortgage technology and AI in this RegFi podcast:

The National Mortgage News Digital Mortgage agenda Sept 9-10 is full of top lenders/servicers: United Wholesale Mortgage, Rocket Mortgage, Mr. Cooper, Guild Mortgage, Better, loanDepot, CMG Financial, BSI Financial Services, Absolute Home Mortgage Corp., Synergy One Lending, Inc. NMLS #1907235, Veterans United Home Loans – the list goes on, and one theme is clear: smart tech strategy is helping these firms win. There’s no single playbook, and this forum is where you see all different players/channels share what tech and operational strategies are working best for them. It’s the only show that puts both lenders/servicers AND fintechs on the main stage (and yes, also the GSEs and regulators too). Next week, we’ll announce more of who’s speaking and which fintechs are demoing – but for now, I just wanted to shout out some of the team behind the Main Stage Demo Contest (with $10k to the winner!) – I can’t wait to rock and roll with this team, and see you all there! Robin Clayton (Paramount Residential Mortgage Group Inc. (PRMG Inc.)), Christina Zulueta Randolph (Freddie Mac), Sue Woodard (STRATMOR Group), Will Adams and LendingTree, Heidi Patalano and National Mortgage News Thanks to NMN’s commitment to tech powering today’s top mortgage players. CHECK AGENDA & REGISTER HERE: https://lnkd.in/gkk8-JhB #DIGMOEvent #DigitalMortgage #Innovation #MortgageIndustry #FinTech #FutureOfMortgages Heidi Patalano | Alyssa Paolucci Mills | Jessica Andreozzi | Jeff Mancini | Sharon Morabito |  Jonathan Moore

Good morning. Last week marked an exciting milestone for us at Rate with the launch of Rate Intelligence, a groundbreaking AI-powered platform revolutionizing the mortgage industry. At its core, Rate intelligence simplifies the mortgage process, offering speed, certainty and efficiency not mirrored in the mortgage business! From instant income calculations to simultaneous document reviews, we ensure faster approvals and deliver an edge to homebuyers in today's competitive market. When I made the decision to return to Rate after having previously been here for 10 years, this was a huge driver. Not only does our technology make homeownership more accessible and less stressful for borrowers, it allows our sales team to scale their business and focus more on relationship building. #AI #RateIntelligence #Fintech #Innovation

RegFi co-hosts Jeremiah Buckley and Caroline Stapleton welcome Robert Broeksmit, President and CEO of the Mortgage Bankers Association, to discuss the transformative impact of technology on the mortgage industry. The conversation looks at the industry’s tradition of technological innovation and how the Mortgage Industry Standards Maintenance Organization (MISMO) has responded to the growing interest in generative AI by creating a forum for market participants to discuss AI’s potential applications, guardrails for implementation, and the associated regulatory challenges. Listen now: https://bit.ly/RegFiEp39 #FinReg #Mortgage #GenAI #GenerativeAI

In an evolving market increasingly made up of digitally savvy consumers, how do you win Gen Z's loyalty? It starts with crafting the experience to meet the need. nCino, Inc.'s own Thomas Chaplin offers his perspective on how to do so in a recent article from the Mortgage Finance Gazette. Read the article: https://lnkd.in/ei4-mETn

Catering to the digital expectations of Gen Z is not just about meeting their immediate needs; it’s about securing the future of mortgage lending. Read more in nCino, Inc.'s latest feature in Mortgage Finance Gazette https://lnkd.in/er3c3yiX