Tag Archives: mortgage AI

Vesta Customers Gain Access to Mezzo’s One-to-Many Operating Architecture

Lenders can leverage an unlimited ecosystem of verification providers from one orchestration gateway

RANCHO SANTA MARGARITA, Calif., Sept. 14, 2026 (SEND2PRESS NEWSWIRE) — Mezzo, creator of the mortgage industry’s first one-to-many operating architecture for third-party services, today announced an integration with Vesta, the AI-native loan origination system (LOS) and agent platform built to automate and accelerate mortgage operations.

Mezzo logo
Image caption: Mezzo LLC logo.

KEY TAKEAWAYS

  • Client usage and diversification of digital providers hailed as “best in class” by GSE
  • Lenders put loan-level strategy on autopilot, with intelligent routing and self-optimizing waterfalls continuously improving cost, performance, and profitability
  • Third-party service providers gain a near-immediate path to production, allowing their services to become part of lender workflows and execution strategies without waiting for lender integrations

The mortgage industry has long accepted that vendor choice comes at the cost of greater operational complexity and highly manual processes. Historically, every new provider has meant another integration, another workflow, and fragmented reporting.

Mezzo launches with a single gateway across verification providers and will expand to include fees, credit, and automated underwriting, including GSE engines. Intelligent, AI-native orchestration dynamically executes loan-level strategy, optimizing provider selection, cost, performance, and profitability on every loan.

“A Top 10 IMB client had its usage and diversification of digital verification providers described as ‘best in class’ by a GSE,” commented Jina Choi, Mezzo’s President. “Most lenders default to just one verification provider to avoid adding to the complexity and cost of managing more. Our client’s results demonstrate that AI-driven, loan-level orchestration across multiple vendors drives incremental profitability, without asking lenders to sacrifice execution to get it.”

For third-party service providers, the value extends beyond faster integration. Providers become embedded in lenders’ loan-level workflows, where lender strategy, not manual intervention, determines when and how their services are used.

“Vesta has always believed lenders should have the freedom to build the technology stack and vendor ecosystem that’s right for their business,” said Mike Yu, CEO of Vesta. “Mezzo lets lenders take full advantage of that freedom across multiple verification vendors at once, with sophisticated routing and waterfalls, and no development burden.”

ABOUT MEZZO

Mezzo builds the operational layer that unifies and standardizes a lender’s fragmented third-party services ecosystem. Accessible through the LOS, AI-native technology executes a lender’s own rules and strategy through dynamic waterfalls, appends verified data, and triggers cross-service actions in real time to fine-tune cost and performance across verifications, credit, fees, and automated underwriting technology, including DU & LP. Every run is transparent and self-optimizing, providing a complete audit trail of every decision while continuously improving execution and reporting ROI on every loan. Learn more at: https://teammezzo.com/.

ABOUT VESTA

Vesta is the loan origination system (LOS) where people and AI agents work together. It streamlines and automates operations to cut the time and cost of origination. Vesta has helped lenders cut operational costs by as much as 25 percent. Founded in 2020, Vesta is backed by Andreessen Horowitz, Bain Capital Ventures, and Conversion Capital. Learn more at: https://www.vesta.com/.

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NEWS SOURCE: Mezzo


This press release was issued on behalf of the news source (Mezzo), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/vesta-customers-gain-access-to-mezzos-one-to-many-operating-architecture/

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Friday Harbor’s AI pre-underwriting platform integrates to the Freddie Mac Income Calculator API

Lenders can now calculate qualifying income for wage earners with variable income more efficiently

SEATTLE, Wash., Sept. 10, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced its integration to the Freddie Mac Income Calculator API. Lenders can now determine calculated monthly income for wage earners, including borrowers with variable income, in minutes while helping preserve eligibility for certain representation and warranty (R&W) relief tied to the income calculation.

Friday Harbor logo
Image caption: Friday Harbor.

The Friday Harbor product, which automatically digitizes borrower paystubs and W-2s from loan origination system (LOS) integrations or direct upload, generates and updates loan conditions as new documents are added and attaches them to the loan file through its dynamic needs list and Income & Asset Sandbox. Using the digitized borrower paystub and W-2 data, Freddie Mac’s Income Calculator API determines a calculated monthly income while Friday Harbor flags potential issues and provides findings tied to Freddie Mac Single-Family Seller/Servicer Guide requirements. The Freddie Mac Income Calculator Certificate is retained with the loan file to help preserve eligibility for applicable R&W relief.

“Having the Freddie Mac Income Calculator available inside Friday Harbor changes the conversation with borrowers,” said Rob Jewett, chief operating officer at NewFed Mortgage Corp. “We can give borrowers a straight answer sooner, keep files moving and avoid surprises later in the process.”

“Variable wage income remains one of the more complicated income scenarios loan production teams face,” said Theo Ellis, CEO and Founder of Friday Harbor. “We’re proud to bring the new Freddie Mac Income Calculator API to pre-underwriting, giving originators reliable qualifying income calculations earlier in the origination process. That means fewer surprises later, cleaner files for underwriting and greater confidence that loans are ready for sale.”

The Freddie Mac Income Calculator API uses borrower paystubs and W-2s to determine calculated monthly income for wage-earning borrowers, including borrowers with variable income. The resulting income calculation can be submitted through Loan Product Advisor® (LPA®), Freddie Mac’s automated underwriting system (AUS), to support eligibility for R&W relief related to the income calculation.

Friday Harbor now supports automated calculated monthly income assessments for loans delivered to both Freddie Mac and Fannie Mae. Lenders can learn more about Friday Harbor’s integrations or request a demo at https://fridayharbor.ai.

About Friday Harbor

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve potential issues earlier in the origination process. By analyzing borrower documents, appraisals and income calculations against investor guidelines and lender overlays, the platform helps teams deliver cleaner files, achieve fewer underwriting touches and improve individual productivity. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech @FreddieMac

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbors-ai-pre-underwriting-platform-integrates-to-the-freddie-mac-income-calculator-api/

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Friday Harbor expands AI pre-underwriting to condo and manufactured home loans

Expansion helps lenders navigate two of mortgage lending's most documentation-intensive property categories

SEATTLE, Wash., June 16, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced new capabilities for condominium and manufactured home loans that enable lenders to evaluate property-specific eligibility requirements before files reach underwriting.

Friday Harbor logo
Image caption: Friday Harbor logo.

Condo and manufactured home loans, which together account for nearly 8% of mortgage originations, present unique eligibility requirements that often fall outside the standard mortgage workflow. As a result, lenders frequently rely on specialized reviews that can add time and complexity to the origination process.

Condo reviews can require lenders to evaluate project questionnaires, budgets, insurance coverage, reserve funding and other project-level documentation. Manufactured home loans often involve additional eligibility requirements related to titling, foundation standards and property classification. Both scenarios introduce complexity that can increase review times and create additional work for production and underwriting teams.

Friday Harbor evaluates property-related documentation alongside borrower information as part of its AI pre-underwriting process. Rather than reviewing individual documents in isolation, the platform analyzes information across the loan file and compares it against investor eligibility requirements to identify property-related issues, documentation gaps and potential eligibility concerns.

“Condo and manufactured home loans are a great example of why AI pre-underwriting needs to understand the entire loan file, not just a handful of documents,” said Theo Ellis, founder and CEO of Friday Harbor. “A borrower can be perfectly qualified and still run into property eligibility issues. Friday Harbor helps lenders identify those issues before they slow down the transaction.”

Lenders can learn more about Friday Harbor or request a demo at https://fridayharbor.ai.

About Friday Harbor

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve potential issues earlier in the origination process. By analyzing borrower documents, appraisals and income calculations against investor guidelines and lender overlays, the platform helps teams deliver cleaner files, achieve fewer underwriting touches and improve individual productivity. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-expands-ai-pre-underwriting-to-condo-and-manufactured-home-loans/

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Friday Harbor announces integration with MeridianLink Mortgage

AI pre-underwriting allows origination teams to identify and resolve file issues before underwriting

SEATTLE, Wash., June 9, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced its integration with MeridianLink®. The integration equips origination teams using MeridianLink® Mortgage to build clean, complete and compliant loan files up front that move through underwriting with fewer touches.

Friday Harbor announces integration with MeridianLink Mortgage
Image caption: Friday Harbor announces integration with MeridianLink Mortgage.

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve loan file issues before they reach underwriting. By analyzing borrower documents, appraisals, income calculations and other loan data against investor guidelines and lender overlays, the tool enables loan officers and fulfillment staff to catch missing documentation, discrepancies and guideline conflicts early enough to fix them before they become conditions. This allows lenders to compress cycle times, handle higher loan volumes without expanding headcount and move capital off the balance sheet faster.

MeridianLink Mortgage is a cloud-based loan origination system that helps banks, credit unions and independent mortgage banks manage the mortgage lending process from application through closing. The platform provides workflow automation, configurable processes and integrations with industry partners to help lenders originate, sell and purchase mortgage loans, HELOCs and home equity loans more efficiently.

The integration between Friday Harbor and MeridianLink Mortgage keeps loan data synchronized between the two systems, eliminating manual rework and giving teams clearer visibility into file readiness as loans move through origination. When files arrive at underwriting already vetted for common issues, underwriters spend less time clearing avoidable conditions and more time evaluating actual credit risk.

“Much of the friction in processing a loan comes from discovering problems too late,” said Theo Ellis, CEO of Friday Harbor. “When you catch a missing tax return or an income calculation error during file prep instead of three days into underwriting, you save time and money while keeping borrowers informed. This partnership puts that capability where MeridianLink Mortgage users are already working.”

About Friday Harbor

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve potential issues earlier in the origination process. By analyzing borrower documents, appraisals and income calculations against investor guidelines and lender overlays, the platform helps teams deliver cleaner files, achieve fewer underwriting touches and improve individual productivity. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech @meridianlink

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-announces-integration-with-meridianlink-mortgage/

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Friday Harbor becomes first mortgage technology provider to receive AI governance compliance attestation from Brody Gapp

Independent compliance review introduces new standard for evaluating AI in mortgage origination

SEATTLE, Wash., May 15, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, is the first mortgage technology provider to receive an AI governance compliance attestation from mortgage banking and financial services law firm Brody Gapp LLP.

Friday Harbor becomes first mortgage technology provider to receive AI governance compliance attestation from Brody Gapp
Image caption: Friday Harbor becomes first mortgage technology provider to receive AI governance compliance attestation from Brody Gapp.

The attestation follows a formal compliance review of Friday Harbor’s platform, which uses AI to analyze borrower documents, appraisal files and product guidelines to calculate qualifying income, identify potential issues and guide resolution paths before loans reach underwriting. Brody Gapp’s review included analysis of fair lending applicability, adverse action considerations, model governance, vendor risk management, data governance, internal controls and examination readiness.

As lenders rapidly adopt artificial intelligence across the origination process, many are still developing frameworks to evaluate how these tools fit within existing compliance, risk management and vendor oversight expectations. Brody Gapp’s attestation introduces a new approach for governing AI-driven mortgage technologies as these capabilities become increasingly embedded across mortgage platforms and workflows.

“AI is being deployed across the mortgage lifecycle faster than most institutions can evaluate it,” said James Brody, founder and managing partner of Brody Gapp LLP. “Our goal is to help lenders and technology providers establish stronger governance, documentation and compliance readiness as these tools become more widely adopted.”

For lenders, the attestation provides an additional layer of assurance when assessing AI vendors. For Friday Harbor, it reinforces the company’s position as an early leader in applying AI to improve loan quality and operational efficiency while supporting compliant lending practices. The attestation is expected to serve as a model for future AI governance reviews across the mortgage industry.

“Lenders don’t just need innovation. They need confidence that the technology they’re adopting will stand up to regulatory scrutiny,” said Theo Ellis, founder and CEO of Friday Harbor. “Being first to complete this process gives our customers a clear signal that Friday Harbor is built with that standard in mind.”

About Friday Harbor

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve potential issues earlier in the origination process. By analyzing borrower documents, appraisals and income calculations against investor guidelines and lender overlays, the platform helps teams deliver cleaner files, achieve fewer underwriting touches and improve individual productivity. For more information, visit https://fridayharbor.ai/.

About Brody Gapp LLP

Brody Gapp LLP is a national law firm serving mortgage banks, credit unions, servicers, brokers and financial services companies. The firm provides legal and compliance counsel across mortgage regulation, litigation, risk management, audit response, licensing and corporate governance. Founded by attorneys James Brody, Ron Gapp and Ashley Jumpp, Brody Gapp LLP combines deep industry experience with a practical, business-focused approach to helping clients navigate an evolving regulatory landscape. For more information, visit www.brodygapp.com.

Tags: #mortgagetech #AI #fintech #governance #compliance

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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NewFed Mortgage leverages Friday Harbor to boost fulfillment productivity by 35%

Independent mortgage bank uses AI pre-underwriting to scale production without adding fulfillment staff

SEATTLE, Wash., May 14, 2026 (SEND2PRESS NEWSWIRE) — NewFed Mortgage Corp., a full-service residential mortgage lender operating across more than 20 states, today announced the companywide rollout of Friday Harbor’s AI pre-underwriting platform following a successful pilot program that demonstrated measurable gains in fulfillment productivity and underwriting throughput. Since implementing Friday Harbor, NewFed processors handle 36% more files per month while underwriters review 35% more loans. Those productivity gains enabled the company to fund nearly $170 million more in loan volume in 2025 than in 2024 without expanding its fulfillment team.

NewFed Mortgage leverages Friday Harbor to boost fulfillment productivity by 35%
Image caption: NewFed Mortgage leverages Friday Harbor to boost fulfillment productivity by 35%.

“Removing low-value, repetitive work is what allows people to focus on the decisions that actually matter,” said Rob Jewett, chief operating officer at NewFed Mortgage. “I have seen so much technology in this industry, and to me, this is the single best piece of tech I’ve ever worked with.”

Friday Harbor reviews loan files as they’re being built, catching missing documentation and income discrepancies before they become underwriting conditions. By applying investor requirements and lender-specific overlays during file assembly rather than at the underwriting desk, the platform helps teams correct issues when they’re still manageable instead of costly.

“When Rob and I first met, he was looking to grow NewFed’s capacity for a predicted increase in volume without over-hiring or draining his people,” said Friday Harbor Founder and CEO Theo Ellis. “Friday Harbor removes the burden of sit-and-stare tasks by flagging potential issues, so teams can focus on the work that actually requires judgment instead of just hunting for missing documents.”

The operational impact has extended across multiple areas of NewFed’s business. Application-to-funded cycle times compressed from 32 days to 26 days. Funded-to-purchase timelines dropped from 23 days to 18 days, moving capital off the balance sheet faster after closing. Friday Harbor has also proven valuable for training, helping new processors learn from actual loan files rather than relying solely on classroom scenarios.

NewFed uses Friday Harbor through its integration with the Encompass® loan origination system from ICE Mortgage Technology, allowing loan data, documents and conditions to remain synchronized throughout the origination process. As an early design partner, NewFed worked closely with Friday Harbor to help shape the platform around real-world fulfillment workflows, operational realities and production-scale lending environments. That collaboration helped Friday Harbor refine how the platform surfaces underwriting issues earlier, supports fulfillment staff productivity and fits into existing lender operations without disrupting established processes.

To learn more about how NewFed and Friday Harbor are working together, download the case study: https://fridayharbor.ai/fh-newfed-case-study-2026-02-25.pdf

About Friday Harbor

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech @newfedmtg

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/newfed-mortgage-leverages-friday-harbor-to-boost-fulfillment-productivity-by-35/

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The Mortgage Collaborative launches Mortgage AI Council to advance responsible AI adoption for community and mid-sized lenders

SAN DIEGO, Calif., May 14, 2026 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network for mortgage lenders, announced the formation of the Mortgage AI Council, a standing committee under TMC’s lender member board of directors. The council will give community banks, credit unions and independent mortgage bankers the governance frameworks, peer intelligence and collective voice needed to adopt artificial intelligence responsibly as the technology reshapes how lenders originate loans, assess risk and serve borrowers.

TMC - The Mortgage Collaborative
Image caption: TMC – The Mortgage Collaborative.

“The largest institutions have dedicated AI teams and resources that most community lenders simply cannot match,” said Jodi Hall, president and CEO of The Mortgage Collaborative. “The Mortgage AI Council exists to change that equation. We are not here to observe the AI conversation in this industry. We are here to lead it.”

The council will be co-led by Amy Azorandia, chief compliance officer at Click n’ Close, and Erin Dee, chief operating officer at InterLinc Mortgage, who developed the council’s charter and governance structure in partnership with TMC leadership. The council’s work will focus on consolidating fragmented AI governance frameworks into a standard that lenders can implement, facilitating peer knowledge exchange, vetting AI vendors based on member-identified needs, and monitoring regulatory developments in fair lending, model explainability, and data privacy.

“Lenders are being asked to evaluate and implement AI solutions faster than any governance guardrails can keep up with,” said Dee. “This council gives members a structured way to do that work together, so no one is starting from scratch or making the same expensive mistakes alone.”

Inaugural programming will include virtual webinars, member roundtables and dedicated sessions at TMC conferences. The council will also publish an annual state of mortgage AI report, benchmarking adoption and governance maturity across the lender community. Participation is open to all TMC members in good standing at no additional cost.

“Asif Alam, CEO of ActiveComply, saw this need before most of us did, and TMC is exactly the place to bring it to life,” said Jodi Hall, president and CEO of The Mortgage Collaborative. “That is what this network was built for, and the Mortgage AI Council is proof of it.”

Members interested in joining may contact TMC leadership for enrollment information.

For more information, visit mortgagecollaborative.com or contact TMC at TheMortgageCollaborative@mtgcoop.com.

ABOUT THE MORTGAGE COLLABORATIVE

The Mortgage Collaborative (TMC) is a membership-driven organization that empowers mortgage lenders across the United States through networking, education and advocacy. TMC fosters an environment of collaboration and innovation, ensuring its members succeed regardless of market conditions. For more information, visit mortgagecollaborative.com.

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NEWS SOURCE: The Mortgage Collaborative


This press release was issued on behalf of the news source (The Mortgage Collaborative), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/the-mortgage-collaborative-launches-mortgage-ai-council-to-advance-responsible-ai-adoption-for-community-and-mid-sized-lenders/

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Vesta Partners with OptiFunder to Bring Loan Origination and Warehouse Funding Together

ST. LOUIS, Mo., May 12, 2026 (SEND2PRESS NEWSWIRE) — OptiFunder®, the mortgage industry pioneer in warehouse management automation, has partnered with Vesta, the AI-native loan origination system and agent platform, to connect loan origination and warehouse funding workflows. The integration links origination, funding, and sale to the capital markets, eliminating fragmented systems and manual handoffs that have historically slowed execution and increased risk.

Vesta Partners with OptiFunder to bring loan origination and warehouse funding together.
Image caption: Vesta Partners with OptiFunder to bring loan origination and warehouse funding together.

That fragmentation ends with Genesis by OptiFunder, a Warehouse Management System for mortgage originators, embedded directly inside Vesta’s LOS. Mortgage bankers can now manage warehouse funding strategy, optimize line utilization, and automate post-closing workflows without switching systems or rekeying data. The integration combines real-time origination data with intelligent decisioning across OptiFunder’s network of 60+ warehouse lenders, cutting financing costs and improving funding accuracy across origination, reconciliation, and paydown — all from a single system of record.

“Warehouse management has traditionally operated outside the LOS, creating unnecessary friction and risk,” said Brian Abbott, Chief Operating Officer of OptiFunder. “By connecting the LOS and Genesis, we’re aligning origination and warehouse workflows into a single, intelligent process. Originators gain a seamless, end-to-end funding experience, Vesta extends its operational reach, and warehouse lenders benefit from standardized, system-driven connectivity that scales across multiple originators and environments.”

Beyond originators, the integration delivers meaningful value across the broader warehouse ecosystem. Together, Vesta and OptiFunder extend the origination workflow into warehouse finance—one of the most capital-intensive and operationally complex stages of mortgage lending—without requiring custom, one-off integrations for each warehouse lender. For warehouse lenders, Genesis provides a single, bi-directional integration that supports dozens of originators, improving consistency, visibility, and operational efficiency.

The API-based integration also enhances reliability and security throughout the funding lifecycle. System-to-system connectivity reduces reliance on spreadsheets, emails, and manual portal activity, minimizing data errors and operational risk. Secure data transmission, role-based access controls, and complete audit trails improve transparency and support compliance requirements, while automated workflows ensure funding, collateral, reconciliation, and paydowns are executed consistently and predictably.

“We’re proud to partner with the OptiFunder team to bring Genesis closer to the loan origination workflow,” said Monica Raciti, Head of Operations and Partnerships at Vesta. “Warehouse finance is one of the most operationally complex parts of mortgage lending, and tighter integration between origination and funding makes life easier for the lenders we both serve.”

For more information about Genesis by OptiFunder, visit: https://www.optifunder.com/

To learn more about Vesta, visit: https://www.vesta.com/

About OptiFunder

Founded by mortgage lenders to modernize post-closing and secondary market operations, OptiFunder is a mortgage technology company delivering transparent, efficient warehouse management solutions for mortgage originators and warehouse lenders. Its Genesis and Greyhound platforms seamlessly connect funding, post-closing, and loan repayment, creating a unified lifecycle that reduces friction, improves visibility, and supports scalable operations. OptiFunder has been recognized for its innovation and growth, earning honors including Inc. 5000’s Fastest Growing Private Companies, HousingWire’s Tech100 Mortgage award, and Progress in Lending’s Innovation Award.

About Vesta

Vesta is the AI-native loan origination system and agent platform for mortgage, powering banks, independent mortgage banks, and fintech lenders. Built on a modern, cloud-native system of record, Vesta gives lenders a single source of truth—every loan, borrower, property, and document is versioned, auditable, and accessible via API—so teams and agents operate from the same trusted context. Vesta blends deterministic rules and configurable workflows with autonomous agents that can interpret documents, call domain tools (e.g., income and asset calculators, conditions, disclosures, pricing and fee workflows), and orchestrate work across teams and third parties with traceable outcomes and human oversight. The result is faster cycle times, lower cost per loan, and a scalable “agent factory” operating model. Founded in 2020, Vesta is backed by Andreessen Horowitz, Bain Capital Ventures, Conversion Capital, Index Ventures, and Zigg Capital. Learn more at https://www.vesta.com/.

MULTIMEDIA:

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Image caption: Vesta Partners with OptiFunder to bring loan origination and warehouse funding together.

NEWS SOURCE: OptiFunder


This press release was issued on behalf of the news source (OptiFunder), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/vesta-partners-with-optifunder-to-bring-loan-origination-and-warehouse-funding-together/

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Dark Matter Technologies introduces Ask Aiva, an AI assistant embedded in the Empower LOS

With Aiva AI, lenders can ask questions of their origination data and get instant answers with supporting source-level insights

JACKSONVILLE, Fla., April 1, 2026 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced Ask Aiva®, a conversational AI assistant natively embedded within the Empower® loan origination system (LOS) that allows lenders to query their origination environment in plain language, receive instant answers to see how those answers were derived. Available now to Empower clients, Ask Aiva is unveiling at Horizon 2026, the company’s annual user conference.

Dark Matter Technologies
Image caption: Dark Matter Technologies.

“The data lenders need to answer important operational questions has been just out of reach—buried in their own systems,” said Sean Dugan, CEO of Dark Matter Technologies. “Ask Aiva changes that by allowing users to ask questions of their origination environment and receive answers they can act on, with the ability to trace those answers back to the source.”

The assistant is built on a retrieval-augmented generation (RAG) architecture that searches connected data sources in real time, retrieves relevant context and generates responses in plain language. What distinguishes Ask Aiva is the ability for users to click directly into results to view the source data and underlying logic behind each answer, addressing a common limitation of AI tools that lack transparency and auditability into their outputs. It also delivers immediate answers within Empower, eliminating the need for support tickets and reducing wait times for system assistance.

“The industry has seen a surge of AI tools that operate as bolt-ons, requiring users to leave their core systems and trust outputs without clear visibility into how they’re generated,” said Vikas Rao, chief technology officer at Dark Matter Technologies. “We built Ask Aiva differently. As one of the first AI experiences woven into the fabric of a mortgage LOS and deployed at scale, it gives lenders the ability to trace every answer back to its source, all within the system where they already work.”

Future releases will expand Ask Aiva’s capabilities to include additional lender-specific content sources, enabling institutions to incorporate underwriting guidelines, product matrices and internal policies, as well as broader support across Dark Matter’s loan officer, borrower, broker and seller portals. Additional enhancements will introduce borrower-facing capabilities and extend Ask Aiva across Dark Matter Technologies’ product suite.

For information or to request a demonstration, visit https://www.dmatter.com or contact your Dark Matter Technologies account representative.

ABOUT DARK MATTER TECHNOLOGIES:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry’s leading providers, Dark Matter Technologies delivers powerful technology with unparalleled automation and relentless innovation to leading mortgage lenders, servicers and companies nationwide. For more information, visit https://www.dmatter.com.

X: @dmattertech #fintech #mortgage

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NEWS SOURCE: Dark Matter Technologies


This press release was issued on behalf of the news source (Dark Matter Technologies), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Friday Harbor integrates with Calyx Path Platform to bring AI pre-underwriting directly into the flow of the loan

Lenders on the Calyx Path Platform can identify and resolve loan issues earlier, reducing rework and keeping loans moving forward with fewer interruptions

SEATTLE, Wash., April 1, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor today announced a new integration with the Calyx Path Platform that brings AI-powered pre-underwriting directly into the flow of the loan. Instead of waiting until underwriting to uncover issues, lenders can now review borrower documents, surface potential problems and resolve them earlier while maintaining consistent, reliable loan data throughout the lifecycle.

Friday Harbor integrates with Calyx Path Platform
Image caption: Friday Harbor integrates with Calyx Path Platform.

Friday Harbor equips loan officers to structure smarter deals with dynamic pre-underwriting capabilities like Income and Asset Sandbox. Originators can test scenarios against program guidelines to qualify more borrowers and place them in the right products with greater confidence. The platform is built to handle the complexity of real-world loan files, so loan officers spend less time chasing paperwork and more time on what moves the needle: client relationships, referral partner growth and pipeline management.

At the same time, Friday Harbor enables loan officer assistants, processors and other fulfillment team members to review borrower documents and loan data as files are assembled. The platform flags income calculation errors, missing verifications and guideline conflicts, then presents a clear resolution path so teams can correct issues before the loan file reaches underwriting. Cleaner files arriving at the underwriting desk translate into fewer conditions and fewer file touches for underwriting teams.

“Cleaner files mean lower costs and faster closings,” said Friday Harbor CEO Theo Ellis. “When lenders apply underwriting intelligence earlier in the origination process, they reduce costly rework, improve pull-through and compress the time needed to get to closing. Underwriters spend less time chasing conditions and more time making real risk decisions, ultimately increasing underwriting productivity per FTE.”

The Calyx Path Platform is a data-centric mortgage platform designed to coordinate the lifecycle of a loan from application through closing. Built on a unified data model and workflow engine, the platform reduces manual handoffs, maintains consistency across the loan and allows work to move forward with fewer interruptions.

“Lenders are looking for ways to improve file quality earlier without adding more friction to their process,” said Jeff Davis, director of sales at Calyx. “By bringing pre-underwriting intelligence directly into the flow of the loan, teams can catch issues sooner and reduce the amount of rework later. It greatly aligns with our move toward a more coordinated, data-driven lifecycle where the loan can move forward with fewer interruptions.”

To learn more about the integration between Friday Harbor and Calyx Path Platform, visit https://fridayharbor.ai.

About Friday Harbor

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve potential issues earlier in the origination process. By analyzing borrower documents, appraisals and income calculations against investor guidelines and lender overlays, the platform helps teams deliver cleaner files, achieve fewer underwriting touches and improve individual productivity. For more information, visit https://fridayharbor.ai/.

About Calyx

Calyx provides technology for mortgage lenders, brokers and financial institutions through the Calyx Path Platform, designed to coordinate the lifecycle of a loan from application through closing. By reducing manual steps, maintaining consistent and reliable data across the loan and connecting key parts of the mortgage process, the platform helps lenders move faster, lower costs and deliver a more predictable borrower experience. For more information, call (800) 362-2599 or visit www.calyxsoftware.com.

Tags: #mortgagetech #AI #fintech @Calyx

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Argyle announces integration with Vesta to embed direct-source verifications within the loan origination system

New platform capabilities bring income, employment and asset verification together in a single consumer-permissioned workflow

NEW YORK CITY, N.Y., March 30, 2026 (SEND2PRESS NEWSWIRE) — Argyle, a leading provider of direct-source, consumer-permissioned income, employment and asset verifications, today announced a new integration with Vesta, an AI-native loan origination system (LOS) and agent platform built to automate and accelerate mortgage operations.

argyle logo
Image caption: Argyle.

The integration allows lenders to order, view and refresh Argyle’s verification of income, employment and assets directly within the Vesta LOS. By embedding direct-source verifications inside the core origination workflow, lenders can reduce manual processes, eliminate system toggling and streamline file management from application through underwriting.

With real-time payroll and banking connections available natively within Vesta, lenders can increase automation rates, lower verification costs and improve operational efficiency, all without introducing additional vendor complexity.

“Verification is one of the most operationally intensive parts of the mortgage process,” said John Hardesty, senior vice president of revenue at Argyle. “By integrating directly into Vesta’s LOS, we’re helping lenders automate more of their pipeline within the systems they already use every day.”

“We’re excited to partner with Argyle to bring embedded, direct-source verification capabilities to our mutual customers,” said Mike Yu, CEO of Vesta. “With verification costs top of mind for many lenders,this integration highlights Vesta’s commitment to providing a flexible, interoperable platform that meets the evolving needs of the industry.”

The integration will be available beginning March 30, 2026. Argyle and Vesta are already launching with their first mutual customers and look forward to expanding access in the coming months.

To learn more about Argyle’s verification platform, visit https://www.argyle.com/.

About Argyle:

Argyle is the leading provider of direct-source, consumer-permissioned income, employment and asset verifications, making it fast and easy to gain secure and reliable access to the most complete real-time datasets stored in consumers’ payroll and bank accounts. With Argyle, lenders automate verification workflows to save time, reduce fraud and compliance risks, lower costs and build better product experiences. As an authorized report supplier for Fannie Mae’s Desktop Underwriter® validation service and an approved service provider supporting Freddie Mac’s Loan Product Advisor® asset and income modeler (AIM), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers’ ability to pay and improve loan quality—all at up to 80% less cost. Argyle’s commitment to innovation is backed by investors including Bain Capital Ventures, Checkr, Mastercard and SignalFire.

For more information on Argyle’s industry-leading verification platform, visit https://www.argyle.com/.

About Vesta:

Vesta is the AI-native loan origination system and agent platform for mortgage, powering banks, independent mortgage banks, and fintech lenders. Built on a modern, cloud-native system of record, Vesta gives lenders a single source of truth—every loan, borrower, property, and document is versioned, auditable, and accessible via API—so teams and agents operate from the same trusted context. Vesta blends deterministic rules and configurable workflows with autonomous agents that can interpret documents, call domain tools (e.g., income and asset calculators, conditions, disclosures, pricing and fee workflows), and orchestrate work across teams and third parties with traceable outcomes and human oversight. The result is faster cycle times, lower cost per loan, and a scalable “agent factory” operating model. Founded in 2020, Vesta is backed by Andreessen Horowitz, Bain Capital Ventures, Conversion Capital, Index Ventures, and Zigg Capital. Learn more at www.vesta.com.

Tags: @withArgyle

NEWS SOURCE: Argyle


This press release was issued on behalf of the news source (Argyle), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Friday Harbor partners with Waterstone Mortgage to expand underwriting capacity

National lender adopts AI pre-underwriting technology to support production growth without adding fulfillment staff

SEATTLE, Wash., March 25, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced that Waterstone Mortgage has implemented its AI pre-underwriting platform to strengthen file quality and expand underwriting capacity across the lender’s nationwide retail operation.

Friday Harbor partners with Waterstone Mortgage to expand underwriting capacity
Image caption: Friday Harbor partners with Waterstone Mortgage to expand underwriting capacity.

Waterstone Mortgage, a national retail lender with more than 200 loan officers operating in 48 states, deployed Friday Harbor to help surface issues earlier in the loan process and deliver cleaner files to its lean underwriting team. Since implementation, Waterstone has seen stronger pre-approval confidence, faster file resolution and fewer conditions at the underwriting desk.

“Cleaner files mean our underwriting team can focus on high-value risk decisions instead of clearing avoidable conditions,” said Jake Rowoldt, vice president of information services at Waterstone Mortgage. “Friday Harbor is the first AI solution we’ve tried that actually delivers on what it promises. It’s helping us scale production while maintaining the standards that define our business.”

Friday Harbor analyzes loan files during origination to flag missing documents, surface income calculation issues and identify potential underwriting conditions. The tool evaluates files against investor guidelines and lender overlays, providing loan officers with visibility into problems that would otherwise emerge days or weeks later in the process.

“Waterstone approached this implementation with a clear understanding of what they needed: a way to improve file quality without disrupting their workflows or undermining the expertise of their underwriters,” said Theo Ellis, CEO of Friday Harbor. “Their success demonstrates what becomes possible when lenders use AI to support judgment rather than replace it.”

Waterstone piloted Friday Harbor in late 2024 and has since rolled the platform out across its sales and operations teams. Loan officers report that Friday Harbor’s income and asset calculations align closely with their own analysis and underwriting’s final determinations, building confidence in pre-approval scenarios involving complex borrower situations.

The implementation has driven strong engagement, with teams actively incorporating the platform into their daily workflow within weeks of launch. The integration with Waterstone’s Encompass loan origination system from ICE Mortgage Technology allows loan officers to access Friday Harbor’s capabilities without disrupting their established processes.

To learn more about how Waterstone and Friday Harbor are working together, download the case study: https://fridayharbor.ai/fh-waterstone-case-study-2026-03-03.pdf.

About Friday Harbor

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech @waterstone

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Vertyx Introduces Homeowner Navigator, Delivering Personalized Intelligent Insights and Omnichannel Engagement for Modern Homeownership

NEW YORK, N.Y., March 24, 2026 (SEND2PRESS NEWSWIRE) — Vertyx, a provider of intelligent mortgage servicing technology built for enhanced portfolio performance, today announced Homeowner Navigator, a platform providing AI-driven homeowner insights and omnichannel engagement with borrowers. The platform is designed to help mortgage servicers maintain visibility into borrower needs after closing, when opportunities to support retention, recapture and broader relationship growth are often harder to identify.

Vertyx, Inc.
Image caption: Vertyx, Inc.

Homeowner Navigator provides homeowners a centralized platform for managing all aspects of homeownership, from maintaining their property and monitoring its value to staying on top of important financial decisions. Designed to operate across any interface, the platform delivers guidance through text and voice, online banking portals or any channel the servicer chooses to enable, seamlessly integrating into existing servicing ecosystems without disrupting the homeowner experience.

For servicers, Homeowner Navigator extends borrower engagement beyond origination and routine servicing events by delivering valuable insights from homeowner interactions to improve relationship management, identify refinancing or cross-selling opportunities and inform retention strategies. The platform can integrate data from a variety of systems, including the point-of-sale (POS), product and pricing engine (PPE), loan origination system (LOS) and customer relationship management (CRM). It is also designed to ingest servicing data in both self-serviced and subserviced environments.

“Homeownership doesn’t stop at the closing table. With Homeowner Navigator, we’re giving financial institutions a way to stay meaningfully connected with their customers long after the mortgage is originated,” said Vertyx Co-founder Ayo Opeyemi. “By delivering personalized intelligent insights about home value, equity and maintenance through channels homeowners already use, lenders can provide real value to their borrowers while strengthening long-term relationships and improving portfolio retention.”

About Vertyx

Vertyx delivers intelligent servicing with proven results. Designed to transform loan servicing from a cost center into a profit engine, the Vertyx platform streamlines servicing operations through intelligent workflow automation while converting portfolio data into actionable retention and cross-sell opportunities. With intelligence embedded directly into the servicing lifecycle, Vertyx reduces manual work and delays common in legacy environments, lowering cost-to-serve and operational risk. Vertyx also helps teams move faster with confidence by embedding compliance into everyday workflows—supporting stronger outcomes for homeowners, servicers, and investors across the mortgage lifecycle. Visit https://vertyx.io/ to learn more.

NEWS SOURCE: Vertyx


This press release was issued on behalf of the news source (Vertyx), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Dark Matter Technologies enables secure AI agents inside the Empower LOS for regulated lending

This release makes Dark Matter the first LOS provider to support AI agents to securely interact with Dark Matter's LOS platform using Model Context Protocol

JACKSONVILLE, Fla., Feb. 25, 2026 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the launch of a new capability on the Dark Matter Developer Platform, enabling lenders to use AI agents securely within the regulated mortgage environment.

Dark Matter Technologies
Image caption: Dark Matter Technologies.

Lenders are increasingly exploring AI to reduce manual work and speed access to information, but they need to do so while remaining secure and compliant. Building on top of a traditional loan origination system (LOS), APIs require significant programming skills. AI agents, on the other hand, can be built and managed by business teams and still benefit from the security, auditability and compliance of the API platform.

Model Context Protocol, an open-source standard for connecting AI applications to external systems, addresses that gap by enabling AI agents to interact with the Empower® LOS platform through a secure, managed gateway. Rather than giving AI tools direct access to loan data, the gateway validates user identity, enforces permissions, limits data exposure and creates a complete audit trail for every request. Dark Matter manages all gateway infrastructure and monitoring, while lenders remain responsible for building and deploying their AI agents.

In practice, lenders can deploy AI agents, allowing employees to ask natural-language questions about pipeline status, tasks or upcoming closings. Users see only the information they are authorized to access. All requests pass through Dark Matter’s gateway, where security and compliance controls are applied before results are returned. This capability also allows lenders to connect AI agents to other internal systems, such as customer relationship management (CRM), servicing or billing platforms, to bring new innovative solutions to life.

“By managing the secure communication layer — identity, permissions, monitoring and auditability — we give lenders the freedom to innovate with AI on top of Empower while maintaining full control and compliance,” said Vikas Rao, chief technology officer at Dark Matter Technologies. “This is the foundation lenders have been missing.”

“We believe in helping clients realize their innovative ideas, while still staying secure and compliant,” said Sean Dugan, chief executive officer of Dark Matter Technologies. “This capability allows teams to use AI to surface information faster, reduce manual effort and support day-to-day workflows — all while keeping humans firmly in control of lending decisions. It’s all about driving measurable efficiency gains without introducing new compliance risk.”

​​​​​Empower LOS customers can enable the capability now through the Dark Matter Developer Platform with support from Dark Matter’s implementation team.

ABOUT DARK MATTER TECHNOLOGIES:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry’s leading providers, Dark Matter Technologies delivers powerful technology with unparalleled automation and relentless innovation to leading mortgage lenders, servicers and companies nationwide. For more information, visit https://www.dmatter.com.

X: @dmattertech #fintech #mortgage

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NEWS SOURCE: Dark Matter Technologies


This press release was issued on behalf of the news source (Dark Matter Technologies), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Friday Harbor introduces dynamic pre-underwriting to help LOs structure deals that qualify and close

Income and Asset Sandbox lets lenders run income and asset scenarios against product guidelines and investor requirements in real time

SEATTLE, Wash., Feb. 24, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI pre-underwriting platform that helps loan officers assemble complete and compliant loan files in real time, today announced the launch of Income and Asset Sandbox, a new set of capabilities that allows lending teams to structure income and asset decisions in real time without committing changes prematurely or stepping outside program guidelines. The capabilities are designed to help loan officers structure deals that qualify and close earlier in the origination process.

Friday Harbor logo
Image caption: Friday Harbor.

Qualification of income and assets is among the most judgment-intensive and error-prone areas of mortgage underwriting. Small decisions about which documents to include, how to average variable income or whether to count a particular asset can materially affect eligibility and loan structure. Income and Asset Sandbox brings structure and visibility to that process earlier, when teams still have flexibility.

With Income and Asset Sandbox, lenders can instruct Friday Harbor’s AI income agent to include or exclude specific income streams, assets and supporting documentation within a live loan file and see qualifying income recalculated immediately. Teams can toggle the inclusion of documents, adjust averaging periods for variable earnings or test asset-based scenarios, all according to the loan product’s specific program, AUS findings and applicable guidelines.

Income and Asset Sandbox operates within Friday Harbor’s AI pre-underwriting platform. It reads borrower documents, compares them to the loan application and evaluates them against agency rules and lender overlays. Calculations are grounded in the documentation in real time, ensuring results reflect what can actually be supported, not hypotheticals.

“Income decisions rarely fit into neat templates, especially as borrower scenarios grow more complex,” said Theo Ellis, founder and CEO of Friday Harbor. “Our Income and Asset Sandbox gives teams a way to structure deals earlier in the process, with transparency into how each income and asset decision impacts eligibility and the path to close.”

Income and Asset Sandbox is supported by Friday Harbor’s Loan File Companion, a file-scoped AI assistant that helps teams understand how specific structuring decisions impact eligibility. Users can ask questions directly within the loan file and receive responses tied to source documents, AUS findings and policy references, keeping scenario analysis grounded in documentation while preserving lender judgment and underwriting accountability.

Lenders can learn more about Friday Harbor’s Income and Asset Sandbox or request a demo at https://fridayharbor.ai.

About Friday Harbor

Friday Harbor is an AI pre-underwriting platform that helps lenders identify and resolve potential issues earlier in the origination process. By analyzing borrower documents, appraisals and income calculations against investor guidelines and lender overlays, the platform helps teams deliver cleaner files, achieve fewer underwriting touches and improve individual productivity. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech #underwriting #incomesandbox

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Industry-first AI/ML-powered forecasting tool headlines extensive lineup of mortgage capital markets innovations unveiled at 2026 Optimal Blue Summit

On-demand Virtual Economist anchors nine advancements that unify the capital markets profitability experience across the loan life cycle

PLANO, Texas, Feb. 24, 2026 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced Virtual Economist, the first on-demand forecasting tool for mortgage capital markets leaders powered by artificial intelligence and machine learning (AI/ML), as the centerpiece of nine platform advancements unveiled at the company’s 2026 Summit. Together, the innovations further unify the capital markets profitability experience by connecting forecasting, pricing, hedging, competitive benchmarking and workflow execution within a single, end-to-end platform.

Optimal Blue
Image caption: Optimal Blue.

“The future of mortgage capital markets belongs to platforms that don’t just respond to volatility, but anticipate it,” said Joe Tyrrell, CEO at Optimal Blue. “Optimal Blue is building and continuously innovating an intelligent, connected and comprehensive ecosystem that gives lenders clarity and confidence from origination to secondary marketing, and back again. The innovations announced at our 2026 Optimal Blue Summit reflect our long-term commitment to redefining how the industry plans, prices and performs in any market environment.”

“Virtual Economist was built to address a real challenge our lender clients face – the disconnect between economic insight and day-to-day execution,” said Erin Wester, chief product officer at Optimal Blue. “By uniting public economic indicators with Optimal Blue’s proprietary lock volume data and applying AI/ML-driven forecasting, teams can test assumptions and prepare immediately through conversational and visual scenario modeling. That same data-driven approach extends across our 2026 innovations, creating a tighter feedback loop among pricing, margin management and hedge analytics so decisions are informed by real-time insight and reflected consistently across the platform.”

The 2026 Summit advancements include:

VIRTUAL ECONOMIST

In a market where profitability planning typically depends on static, macro forecasts and manual what-if exercises, Virtual Economist gives lenders on-demand predictions without the lag, labor or subjectivity of traditional approaches. The mortgage industry’s first and only AI/ML-powered forecasting tool, it combines public economic data with Optimal Blue’s lock volume data into proprietary machine learning models to deliver real-time rate and volume predictions and instant scenario analysis for strategic planning. Users can choose their preferred economist avatar and engage conversationally through voice or text, with forecasts presented visually to enhance clarity and decision-making.

PROFITABILITY CENTER

Profitability Center introduces a unified dashboard across Optimal Blue products, enabling faster navigation while surfacing cross-product market, production and profitability insights that inform decision-making before users move into deeper workflows. This central landing experience includes access to an economic calendar and predictive insights to anticipate market movement and plan hedging or pricing actions accordingly.

COMPETITIVE DATA LICENSE PLUS

Competitive Data License Plus expands Optimal Blue’s benchmarking capabilities by adding anonymized hedging and trading data to its existing lock and pricing dataset. By connecting front-end pricing behavior with back-end loan sale outcomes updated daily, it delivers deeper visibility into pull-through performance, margin from lock to sale, investor turn times and best-efforts versus mandatory execution spreads. The enhanced dataset enables lenders to model competitive positioning and execution strategy with greater precision across the capital markets life cycle.

AGENCY DIRECT (for CompassEdge)

Agency Direct in CompassEdge modernizes retained execution workflows for institutions delivering loans to Fannie Mae, Freddie Mac and the Federal Home Loan Bank system. By replacing manual spreadsheet-based tracking with a centralized environment for loan imports, coverage modeling and commitment management in CompassEdge, the solution strengthens executive visibility while reducing operational risk.

RATESHEET PRICING INSIGHTS (for CompassEdge)

Ratesheet Pricing Insights connects pricing from the Optimal Blue PPE with CompassEdge margin management, reducing the lag and manual processes that can separate pricing decisions from published rates. By syncing margin updates directly between systems and embedding market and competitive context into the workflow, it surfaces competitive insights before ratesheets are published and helps ensure rates reflect current conditions while improving margin discipline.

HEDGE COST IN THE PPE (for the Optimal Blue PPE)

Hedge Cost in the PPE embeds CompassEdge hedge analytics directly within the Optimal Blue PPE, giving lenders immediate visibility into the margin impact of extensions, renegotiations and price concessions. By surfacing hedge coupon, mark-to-market exposure and effective margin at the point of decision, it strengthens alignment between origination and secondary teams while protecting execution performance at the transaction level.

AI RULES ASSISTANT (for the Optimal Blue PPE)

AI Rules Assistant enhances Rules Optimizer, a feature within the Optimal Blue PPE that manages pricing and eligibility rules across investor relationships, by enabling administrators to “speak policy, ship rules” – i.e., input natural language and allow AI automation to generate the new rule. It identifies similar configurations and automatically builds required dependencies for review, accelerating rule creation while strengthening governance and pricing control.

ENHANCED ADMIN EXPERIENCE (for the Optimal Blue PPE and CompassEdge)

Enhanced admin experiences in both the Optimal Blue PPE and CompassEdge hedging and trading platform arm administrators with faster, more intuitive ways to configure pricing and manage investors.

In the Optimal Blue PPE, a redesigned configuration experience consolidates key tools into a straightforward, user-friendly workspace, with embedded entity selection and global Release to Production access from any screen. By reducing clicks and improving visibility across pricing configurations, it accelerates setup and governance workflows for administrators.

In CompassEdge, new administrative configuration for investor management gives users more straightforward visibility into the configuration for valuing their loan pipeline. Users can self-manage investors, execution types and more in a single, accessible place.

LOANSIFTER–COMERGENCE CONNECTION

A new connection between Optimal Blue’s Loansifter PPE for mortgage brokers and its Comergence counterparty oversight solution links promotional pricing visibility with counterparty engagement data, giving investors measurable insight into broker interaction and marketing effectiveness. By connecting broker activity with onboarding and approval workflows, the integration enables investors to capture qualified leads and accelerate TPO network growth.

Several of the announced innovations are live today, with others entering beta or phased rollout throughout 2026.

Optimal Blue’s annual Summit brings together lenders, investors and industry leaders to explore the strategies and technologies shaping the future of mortgage capital markets.

ABOUT OPTIMAL BLUE

Optimal Blue powers profitability across the mortgage capital markets ecosystem. As the industry’s only end-to-end capital markets platform, our technology, data, and integrations bridge the primary and secondary markets to help lenders of all sizes maximize performance – from pricing transparency and accuracy to pipeline risk management and every step in between. Backed by over 20 years of proven expertise, our modern, cloud-native technology delivers the real-time automation, actionable data, and seamless connectivity lenders need to navigate market volatility and scale for growth. To learn more about how Optimal Blue delivers measurable ROI, visit OptimalBlue.com.

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NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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OCCU selects Floify to support scalable, member-centric lending

AI-enabled point-of-sale platform to streamline the lending experience from application to funded loan

BOULDER, Colo., Feb. 17, 2026 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that OCCU has selected Floify to support its next phase of member-centric lending and long-term growth. OCCU is a member-owned, not-for-profit credit union based in Eugene, Oregon, with more than 284,000 members.

OCCU selects Floify to support scalable, member-centric lending
Image caption: OCCU selects Floify to support scalable, member-centric lending.

OCCU evaluated new technology as part of a broader effort to modernize its mortgage operations, focusing on improving workflow efficiency, strengthening communication, and ensuring the organization could support future growth in an increasingly competitive marketplace.

During its evaluation, OCCU found that while many vendors offered similar baseline functionality, Floify differentiated itself through its collaborative approach, best-in-class service model and ability to support future growth without disruption.

“Member expectations continue to evolve, and we wanted a solution that supports a truly holistic lending experience while giving us the ability to scale,” said Bill Bolton, vice president, mortgage strategy and planning at OCCU. “Floify stood out not just for its core functionality, but for its approach to partnership. Early on, it was clear that the Floify team understood our vision, where we want to grow and how their forward-thinking roadmap, including enhancements and AI, can get us there.”

Through the partnership, OCCU expects to improve file flow visibility, reduce back-and-forth communication, and deliver more seamless experiences for both loan officers and borrowers. Floify’s streamlined integrations will also help OCCU scale operations while maintaining a high standard of service.

“We’re proud to partner with OCCU as they continue to invest in technology that puts members first,” said Joshua Steffan, SVP and Group General Manager at Porch Group and Interim President and General Manager, Floify. “Their focus on experience, scalability and long-term growth aligns perfectly with how we build and evolve our platform.”

ABOUT FLOIFY:

Floify is a fully configurable point of sale (POS) platform that streamlines the loan process with a secure application, communication and document portal between lenders, borrowers, referral partners and other mortgage stakeholders. Its Dynamic AI feature reimagines the mortgage application process by moving document collection and AI-driven data extraction to the very beginning of the process, allowing borrowers to upload key documents and have applications prepopulated with verified information, accelerating pre-approvals and simplifying the borrower experience. Floify is a subsidiary of Porch Group, Inc. (“Porch Group”) (NASDAQ: PRCH). For more, visit https://floify.com/ or find us on social media at Facebook, LinkedIn or Twitter / X.

ABOUT OCCU:

OCCU is a not-for-profit financial cooperative with more than $3.5 billion in assets. The credit union was founded in Eugene, Oregon, in 1956 and remains headquartered there. OCCU has an expanding network of branches and digital tools to provide its more than 284,000 member-owners with a full suite of financial products and services. Membership is open to anyone living or working in most of Oregon, southwest Idaho and anywhere in Washington. Learn more at MyOCCU.org.

X: @Floify #mortgage #fintech #housingfinance @oregonccu

NEWS SOURCE: Floify


This press release was issued on behalf of the news source (Floify), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Friday Harbor adds Fannie Mae’s Income Calculator to its AI Originator Assistant

Integration enables faster, more accurate income calculations for self-employed and rental income borrowers while reducing buyback risk

SEATTLE, Wash., Jan. 6, 2026 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced the integration of its AI Originator Assistant with Fannie Mae’s Income Calculator. The new connection enables lenders to instantly calculate qualifying income for borrowers with self-employment or rental income and gain enforcement relief from representations and warranties on the income calculation for conventional loans.

Friday Harbor logo
Image caption: Friday Harbor.

The Fannie Mae Income Calculator uses federal tax return data to calculate a borrower’s qualifying income, addressing one of the top five sources of loan quality defects found in post-purchase reviews. By integrating this capability directly into Friday Harbor’s AI Originator Assistant, lenders can identify income issues at the start of the loan process, improve underwriting accuracy and give loan officers the confidence to move deals forward without fear of costly buybacks.

“Income calculations for self-employment and rental income are among the most complex and error-prone in mortgage lending,” said Theo Ellis, CEO and co-founder of Friday Harbor. “By bringing Fannie Mae’s Income Calculator into Friday Harbor, we’re putting a powerful solution for these scenarios directly in the hands of thousands of lenders to improve accuracy, protect loan salability and give borrowers greater clarity earlier in the process.”

“Complex income scenarios used to slow us down and create uncertainty for our sales team and borrowers,” said Susan Schmidt, senior vice president of operations at Mason McDuffie Mortgage Corporation. “Now we can get answers instantly, make confident decisions up front and move loans forward with fewer surprises.”

The Income Calculator works alongside Friday Harbor’s borrower-specific checklist, real-time AI underwriting and scenario desk to simplify reviews of self-employment, business ownership and rental income. Loan officers and processors can upload tax returns, receive instant qualifying income results, resolve flagged issues with clear guidance and retain the Findings Report to maintain eligibility for rep and warrant relief.

Lenders can learn more about Friday Harbor’s integration with Fannie Mae’s Income Calculator or request a demo at https://fridayharbor.ai.

About Friday Harbor

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech @FannieMae #income #selfemployed

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-adds-fannie-maes-income-calculator-to-its-ai-originator-assistant/

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TMC to host inaugural ACT Technology Summit focused on mortgage technology and AI

SAN DIEGO, Calif., Dec. 22, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s leading independent cooperative network for mortgage lenders, today announced it will host the inaugural ACT Technology Summit, short for Accelerator and Collaborative Transformation, a two-day standalone mortgage technology competition and showcase Aug. 12-13 at The Highlands Hotel in Dallas.

TMC to host inaugural ACT Technology Summit focused on mortgage technology and AI
Image caption: TMC to host inaugural ACT Technology Summit focused on mortgage technology and AI.

The event is open to both TMC members and non-members and marks the cooperative’s first industry-wide technology summit, designed to bring mortgage lenders, emerging technology companies and capital partners together to explore innovation and artificial intelligence in mortgage lending.

The summit will feature approximately 15 technology companies competing across multiple presentation segments, followed by moderated panel interviews and audience Q&A. A live head-to-head challenge will also take place, with companies demonstrating their AI-driven underwriting platforms in real-time. An overall winner will be announced during the event. Participating companies will be announced closer to the summit.

“The mortgage industry faces a critical gap between innovative technology solutions and the lenders who need them,” Jodi Hall, CEO & President at TMC and Operations Manager of the TMC Tech Fund. “ACT creates a collaborative space where technology companies can demonstrate real value, lenders can discover solutions to pressing challenges, and investors can access pre-vetted opportunities and hear the voices of the consumer, all in a concentrated two-day format.”

In addition to main-stage programming, the ACT Technology Summit will include:

  • Pitch competition segments: Technology companies presenting solutions, followed by panel discussion and audience questions
  • Live RFP: On-stage AI underwriting demonstrations where companies respond to lender questions and build loan files in real time
  • Working groups: Lender-only sessions for TMC members, including technology, owner-operator and capital-focused discussions
  • Technology demo space, known as Demo Alley: Dedicated time and space for loan origination system providers to showcase their platforms

Registration details, presenting companies and the full agenda will be released at a later date. To be notified when registration opens and to receive event updates, email TheMortgageCollaborative@mtgcoop.com.

About The Mortgage Collaborative

The Mortgage Collaborative (TMC) is a membership-driven organization that empowers mortgage lenders across the United States through networking, education, and advocacy. TMC fosters an environment of collaboration and innovation, ensuring its members succeed regardless of market conditions. For more information, visit www.mortgagecollaborative.com.

NEWS SOURCE: The Mortgage Collaborative


This press release was issued on behalf of the news source (The Mortgage Collaborative), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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LenderLogix expands LiteSpeed POS with built-in AI-powered agent for mortgage loan officers

AI Sidekick delivers instant insights to improve loan accuracy and reduce loan processing times by up to 40%, leading to increased borrower satisfaction

BUFFALO, N.Y., Nov. 10, 2025 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced it has launched AI Sidekick, an artificial intelligence (AI) feature built into the LiteSpeed point-of-sale (POS) platform. AI Sidekick supports loan officers (LOs) with simple tools to instantly review loan files, efficiently update document needs lists and rapidly identify missing data, reducing loan processing times by up to 40%.

LenderLogix
Image caption: LenderLogix.

AI Sidekick is designed to support mortgage lending, empowering LOs by streamlining highly manual back-end tasks. It scans and analyzes loan details in seconds, providing LOs with critical insights into potential compliance errors and missing documentation, minimizing risk while improving turnaround time without disrupting current processes. Built with SOC 2–compliant infrastructure and end-to-end encryption, AI Sidekick ensures that borrower data remains fully secure within lenders’ existing Encompass® environments.

AI Sidekick also enables LOs to update borrowers’ needs lists with a single click, reducing manual data entry. By surfacing insights and missing documentation early in the loan process, AI Sidekick improves accuracy, reduces processing time and enhances the borrower experience.

“With AI Sidekick, we’re giving lenders a way to eliminate bottlenecks in the loan process without adding complexity,” said LenderLogix CEO Patrick O’Brien. “It’s not about replacing people but about equipping them with modern tools. AI Sidekick doesn’t interact with borrowers, instead acting as a true copilot for LOs to automate the most time-consuming parts of loan file review so they can focus on what they do best: building relationships and delivering great service.”

Visit https://info.lenderlogix.com/litespeed-ai-sidekick to request a demo.

About LenderLogix

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software to meet the needs of today’s mortgage lenders. The company’s suite of products addresses the speed at which today’s real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

LOGO link for media (white): https://info.lenderlogix.com/hs-fs/hubfs/lenderlogix-logo_white.png

NEWS SOURCE: LenderLogix


This press release was issued on behalf of the news source (LenderLogix), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/lenderlogix-expands-litespeed-pos-with-built-in-ai-powered-agent-for-mortgage-loan-officers/

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Friday Harbor adds appraisal underwriting to its AI Originator Assistant

AI-driven collateral analysis helps lenders identify appraisal issues early, reducing defects and repurchase risk

SEATTLE, Wash., Nov. 6, 2025 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced that its AI Originator Assistant now performs collateral analysis alongside credit, income and asset reviews. The enhancement enables lenders to underwrite appraisals and appraisal-related documents with the same precision and consistency the platform already delivers for other loan file components.

Friday Harbor logo
Image caption: Friday Harbor.

“The appraisal is one of the most subjective and time-consuming parts of underwriting,” said Theo Ellis, co-founder and CEO of Friday Harbor. “By extending our AI Originator Assistant to collateral review, lenders can identify inconsistencies early, strengthen appraisal quality and ensure every loan aligns with agency standards before it reaches the underwriter.”

Friday Harbor’s appraisal review feature examines structured data, narrative commentary and visual content within appraisal reports to surface potential risk factors ranging from missing or inconsistent details to property and market-level red flags. In addition to confirming that data in the appraisal matches the loan application, the system evaluates market soundness by analyzing comparables and neighborhood trends, and reviews property condition through photos and sketches to flag potential concerns such as damage, infestation or mismatched room counts.

When discrepancies arise, the AI Originator Assistant provides resolution paths that guide originators and processors through the steps needed to resolve issues before they reach underwriting. The new feature supports full appraisals and automated valuation models (AVMs), with built-in checks against Fannie Mae and Freddie Mac guidelines.

As originators and processors resolve appraisal conditions in Friday Harbor, loan files update automatically in the loan origination system through Friday Harbor’s integration with the Encompass LOS from ICE Mortgage Technology and its open APIs that connect with other leading loan origination systems.

Lenders can learn more about appraisal underwriting in Friday Harbor or request a demo at https://fridayharbor.ai.

About Friday Harbor

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech #collateral #underwriting #valuation #appraisal

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-adds-appraisal-underwriting-to-its-ai-originator-assistant/

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Floify launches Dynamic AI: embedded intelligence that elevates the mortgage POS experience

Live demo scheduled during MBA Annual's Hub Stage Tech Showcase, Monday, Oct. 20, at approximately 3:25 p.m.

BOULDER, Colo., Oct. 14, 2025 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced the launch of Dynamic AI, a new capability that reimagines the mortgage application process by moving document collection and AI-driven data extraction to the very beginning of the process.

Floify logo
Image caption: Floify launches Dynamic AI: embedded intelligence that elevates the mortgage POS experience.

Instead of answering lengthy questionnaires, borrowers simply upload their key documents — like pay stubs, W-2s, and IDs — and Floify’s embedded AI extracts and validates the data automatically. The application then prepopulates with verified information before a single question is asked, reducing manual data entry for loan officers and streamlining the application completion process.

Because Dynamic AI is built into Floify’s proven POS platform, lenders can leverage its capabilities without the risk or disruption that often accompanies integrating entirely new systems. The platform connects with leading LOSs, CRMs, pricing engines, automated underwriting systems, verification services and credit providers to create a more seamless, intelligent workflow from application to approval.

Embedding AI directly within the POS enhances the borrower experience from the very first interaction. Instead of juggling multiple portals or duplicating requests, borrowers can securely upload documents, view key details prepopulated and complete tasks in minutes. With much of the data collection and validation handled upfront, lenders can issue pre-approvals more quickly and borrowers can move confidently toward closing.

“By integrating AI where borrowers begin their journey — in the POS — Floify eliminates the need for multiple portals or disconnected systems,” said Sydney Barber, Head of Product at Floify. “Borrowers can securely upload documents, see key details autofilled and complete essential tasks in minutes. For loan officers, this means faster verifications, pre-approvals ready for same-day use, and more time spent advising clients instead of managing files.”

“Borrowers want trusted guidance and simplicity when making one of the biggest financial decisions of their lives,” said Joshua Steffan, SVP and Group General Manager at Porch Group and Interim President and General Manager of Floify. “Dynamic AI enhances the process at every step, helping lenders deliver faster, clearer outcomes with confidence.”

Floify will debut Dynamic AI live at the MBA Annual Convention & Expo in Las Vegas, during the Hub Stage Tech Showcase at the Fontainebleau on Monday, October 20, at approximately 3:25 p.m. The feature will also be available for hands-on exploration in the Floify booth throughout the event, Oct. 19-22.

About Floify:

Floify is a digital mortgage automation solution that streamlines the loan process by providing a secure application, communication and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to create product-specific applications (no coding required!), collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents and close loans faster. The company is based in Boulder, Colorado and is a subsidiary of Porch Group, Inc. (“Porch Group”) (NASDAQ: PRCH). For more information, visit the company’s website at https://floify.com/ or on social media at Facebook, LinkedIn, or Twitter / X.

X: @Floify #mortgage #fintech #housingfinance @MBAMortgage #MBAAnnual25

NEWS SOURCE: Floify


This press release was issued on behalf of the news source (Floify), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/floify-launches-dynamic-ai-embedded-intelligence-that-elevates-the-mortgage-pos-experience/

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Friday Harbor puts lenders in control with underwriting overlays in its AI Originator Assistant

New overlays feature ensures every loan file reflects lender policies and investor requirements from the start

SEATTLE, Wash., Oct. 13, 2025 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced that its AI Originator Assistant can now evaluate loan files against not only baseline program guidelines, but also the lender and investor overlays that ultimately shape salability and risk. By embedding these requirements directly into the workflow of frontline originators, the platform gives lenders greater control over credit quality and secondary market execution.

Friday Harbor logo
Image caption: Friday Harbor.

Overlays deliver value across business models. Lenders that sell primarily into the secondary market can improve flexibility and profitability by ensuring loans meet the requirements of multiple investors. Institutions that balance portfolio and securitized production can use overlays to align Friday Harbor with their in-house credit policies, fine-tune their credit box and apply risk standards consistently across the enterprise.

“Our new underwriting overlays feature gives lenders the ability to instantly encode their own judgment and policies into Friday Harbor,” said Theo Ellis, CEO and co-founder of Friday Harbor. “Whether the goal is to expand credit access, tighten controls or ensure loans are salable across multiple investors, overlays put that guidance directly in front of originators so every file starts out underwriting-ready.”

Overlay configurations can be used to tighten credit policies with more stringent documentation requirements or to widen credit boxes, for example by lowering minimum credit scores relative to GSE thresholds. Friday Harbor supports both lender overlays and investor overlays, giving originators immediate guidance to produce underwriting-ready files that reflect each lender’s credit policies and investor requirements from the start.

Unlike other systems that expect lenders to code in their own policies, Friday Harbor provides a white-glove service: lenders simply share their overlays with Friday Harbor, and the company’s team configures and maintains them free of charge. Overlays can be updated as often as needed to reflect changes in lender policies or investor requirements, ensuring they remain accurate and actionable without adding burden to lender staff.

“With overlays in Friday Harbor, every file our originators touch reflects the exact credit standards our secondary market partners expect,” said Robert Jewett, chief operating officer at NewFed Mortgage Corp. “That certainty improves our salability, reduces last-minute surprises and allows our team to focus more energy on serving borrowers instead of interpreting guidelines.”

Lenders can learn more about underwriting overlays in Friday Harbor or request a demo at https://fridayharbor.ai.

About Friday Harbor:

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech @FannieMae #income #selfemployed

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-puts-lenders-in-control-with-underwriting-overlays-in-its-ai-originator-assistant/

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Navy Federal Credit Union renews its contract with Dark Matter Technologies to serve its growing membership

Advanced AI and automation tools from Dark Matter Technologies will power the military-focused credit union's digital transformation strategy

JACKSONVILLE, Fla., Sept. 30, 2025 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced a renewed multi-year partnership with Navy Federal Credit Union. The agreement reinforces the credit union’s strategic focus on digital transformation and elevating the member lending experience.

Dark Matter Technologies
Image caption: Dark Matter Technologies.

With more than 14 million members and 365 branches worldwide, Navy Federal has been a Dark Matter client since 2010. Today, the credit union processes nearly 8,000 mortgage and home equity loans monthly through the Empower® Loan Origination System by Dark Matter, ranking Navy Federal among the firm’s highest-volume clients across both the Empower and the Exchange platforms.

Under the renewed agreement, Navy Federal will deepen its use of Dark Matter’s Developer Portal, Orchestration Engine, and the AIVA® AI suite to accelerate automation and streamline exception-based processing. The credit union is also exploring additional front-end enhancements through Dark Matter’s portals, complementing its current use of Blend and Lender Price, with a continued focus on delivering personalized member experiences.

“Our goal is to move beyond standard transactions to an exception-based model that allows our team to address unique member needs quickly and efficiently,” said Shaun Recco, assistant vice president of real estate technology systems at Navy Federal. “By leveraging Dark Matter’s AI-powered tools and robust API integrations, we’re transforming our technology infrastructure to better serve our members and elevate operational agility.”

“We’re not just aiming to expand our technology — we’re focused on providing the best possible services and products to our current and new members,” said Jon Parsons, assistant vice president of home lending at Navy Federal. “We’re delivering a holistic member experience that includes seamless mortgage and home equity lending, which we know is important to our members and military communities.”

“Navy Federal has been at the forefront of digital lending innovation for over a decade,” said Sean Dugan, CEO of Dark Matter Technologies. “Our partnership goes beyond delivering technology. It’s about reimagining how member service can be more agile, responsive, and personalized. We’re proud to support their vision with intelligent, scalable platforms that meet evolving needs.”

About Navy Federal Credit Union:

Established in 1933 with only seven members, Navy Federal now has the honor of serving more than 14 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all Department of Defense and Coast Guard Active Duty, Veterans, civilian and contractor personnel, and their families. Navy Federal employs a workforce of over 25,000 and has a global network of more than 365 branches. For more information about Navy Federal Credit Union, visit navyfederal.org. Federally insured by NCUA. Equal opportunity employer.

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry’s leading providers, Dark Matter Technologies delivers powerful technology with unparalleled automation and relentless innovation to leading mortgage lenders, servicers and companies nationwide. For more information, visit www.dmatter.com.

Twitter: @dmattertech @NavyFederal #fintech #mortgage #creditunion

Logo link for media: https://dmatter.com/wp-content/uploads/dark-matter-tech-logo.svg

NEWS SOURCE: Dark Matter Technologies


This press release was issued on behalf of the news source (Dark Matter Technologies), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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ACES Quality Management Launches ACES Intelligence™, Redefining Mortgage and Financial Services Quality Control with AI

DENVER, Colo., Sept. 24, 2025 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the launch of ACES Intelligence, the industry’s first and only AI-powered features for quality control (QC). ACES Intelligence helps ACES customers improve quality, speed and efficiency by enhancing loan reviews, selection and compliance.

ACES Quality Management
Image caption: ACES Quality Management.

ACES Intelligence empowers users to write exceptions, build loan selection queries in plain English, and summarize audits in seconds, dramatically cutting exception writing time. Key capabilities include:

  • Executive Summaries: Instantly generate narratives that outline selection methods, defect statistics and key findings, delivering actionable insights in seconds.
  • Criteria Builder (natural language processing): Generate advanced loan selection criteria faster by describing filters in plain English—skipping tedious clicks.
  • Exception Comment Summaries: Access a roll up view of exceptions found in an audit and generate summaries of findings noted in comments.
  • PII Detection: Automatically identify sensitive information such as Social Security and credit card numbers, reducing the risk of exposure.
  • Writing Assistant and Comment Analysis: Ensure professional writing and regulatory citation, improving clarity and accuracy with a single click.

“ACES Intelligence is redefining how the financial services industry approaches compliance and risk management,” said Trevor Gauthier, chief executive officer of ACES Quality Management. “By combining AI-driven technology with our proven QC platform, we are giving institutions the tools they need to work smarter, respond faster and stay ahead of regulatory demands.”

Early users report measurable time savings from ACES Intelligence. The quality control team at Georgia’s Own Credit Union said the tool reduces review time by “countless minutes” per loan, equating to hours saved on a full audit. The institution credited the platform’s Writing Assistant, real-time Executive Summaries and natural language processing–driven Criteria Builder with streamlining quality control and improving communication clarity.

“ACES Intelligence saves us hours on audits and delivers faster insights, making our work easier, more accurate and more focused on high-value tasks,” said Emilee Rada, director of lending operations at Georgia’s Own Credit Union.

Compliance consultants also see the benefits of ACES Intelligence in day-to-day audit management.

“Implementing ACES Intelligence into our workflow has been a game-changer. It saves my management staff time by streamlining the process of rewriting findings and analyzing audits, allowing them to dedicate more attention to clients,” said Todd Krell, partner at CrossCheck Compliance LLC. “The efficiency ACES Intelligence brings has noticeably improved our overall productivity and better equips us to serve our clients.”

Together, these early results highlight how ACES Intelligence is helping both lenders and compliance partners streamline audits and strengthen quality control.

For more information about ACES Intelligence, visit www.acesintelligence.com.

About ACES Quality Management

ACES Quality Management is the leading provider of enterprise quality management and control software for the financial services industry. The nation’s most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control® Software to improve audit throughput and quality while controlling costs, including:

  • Over 70% of the top 20 independent mortgage lenders;
  • 7 of the top 10 loan servicers;
  • 11 of the top 30 banks; and
  • 3 of the top 5 credit unions in the United States.

Unlike other quality control platforms, ACES Flexible Audit Technology® gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

NEWS SOURCE: ACES Quality Management


This press release was issued on behalf of the news source (ACES Quality Management), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/aces-quality-management-launches-aces-intelligence-redefining-mortgage-and-financial-services-quality-control-with-ai/

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Friday Harbor joins Community Home Lenders of America as affiliate member

AI mortgage innovator to advise community lenders on policy and practical uses of artificial intelligence

SEATTLE, Wash., Sept. 10, 2025 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, has joined the Community Home Lenders of America (CHLA) as an affiliate member.

Friday Harbor joins Community Home Lenders of America as affiliate member
Image caption: Friday Harbor joins Community Home Lenders of America as affiliate member.

Friday Harbor will serve as an expert adviser to CHLA’s lender members on the use of artificial intelligence in housing finance, including such practical considerations as compliance automation, responsible technology deployment and the evolving legislative landscape around AI. The affiliation also reflects Friday Harbor’s commitment to building solutions that address the needs of community lenders.

“Community lenders are the heart of this industry, and they deserve tools that work as hard as they do,” said Theo Ellis, CEO of Friday Harbor. “Joining CHLA gives us a seat at the table to listen, learn and offer perspective on how AI can help lenders stay competitive, meet compliance obligations and deliver a better borrower experience.”

“As AI transforms the mortgage landscape, it’s critical that community lenders help shape how these tools are developed and deployed — because if they’re not at the table, the technology risks serving the wrong priorities,” said CHLA Executive Director Scott Olson. “Friday Harbor stands out as a leader in building and implementing AI in meaningful ways, and they’re doing it in close collaboration with the lenders these tools are meant to serve. We’re pleased to welcome our newest CHLA affiliate and look forward to Friday Harbor’s leadership on technology issues that matter to our members.”

Launched in 2024, Friday Harbor is on a mission to make modern AI accessible to lenders of all sizes, not just the largest players. Lenders nationwide use its platform to automatically interpret borrower documents, flag underwriting issues and cut loan cycle times while improving compliance and reducing costs.

CHLA is a national association that exclusively represents independent mortgage bankers and supports community-based lending through advocacy, policy development and industry collaboration.

About Friday Harbor

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit www.fridayharbor.ai.

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-joins-community-home-lenders-of-america-as-affiliate-member/

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DocMagic One launches to unify mortgage production under a single, AI-powered platform

Cutting-edge platform brings broad range of loan manufacturing capabilities together under one roof while adding built-in collaboration and business intelligence

TORRANCE, Calif., Sep. 10, 2025 (SEND2PRESS NEWSWIRE) — DocMagic, Inc. today announced the launch of DocMagic® One, a new platform for lenders that eliminates the inefficiencies of juggling multiple systems by bringing every critical loan manufacturing step into a single, intuitive platform. Document preparation, compliance checks, collaboration between borrowers, title agents and settlement agents, and closing coordination all happen in one place. Role-based permissions and organizational hierarchies keep tasks moving without bottlenecks.

DocMagic, Inc.
Image caption: DocMagic One launches to unify mortgage production under a single, AI-powered platform.

“Lenders have been forced to piece together loan production from too many disconnected systems,” said DocMagic co-founder and CEO Pat Theodora. “DocMagic One changes that, giving every role—from loan officer to closer—a single, efficient platform that saves time, reduces risk, lowers costs and delivers a better experience for third-party collaborators and, ultimately, borrowers.”

Intelligence is woven throughout DocMagic One’s design, with built-in business intelligence and pipeline analytics giving managers instant visibility into performance. Loan health scoring makes it easy to surface files that require urgent attention, while AI-powered search and chat functions put information at users’ fingertips. Compliance is continuous and automated, with tools for reviewing and dismissing audits built directly into the platform, and auto-save ensures no work is lost during a session.

“As we expand our Intelligent Agentic Network, we are excited by how we can leverage AI and our patented machine learning capabilities to create an interconnected environment where multi-agent orchestration happens behind the scenes,” said Michael Morford, DocMagic’s chief technology officer. “This will make complex mortgage processes feel effortless and save lenders time and money.”

The DocMagic One platform is also built to grow with lenders. Predictive analytics, planned features such as AI-powered assistance and advanced eSign tracking will move loans from application to closing with minimal human intervention, expanding capabilities over time without adding complexity or cost.

DocMagic One will be available to existing DocMagic customers at no additional cost, delivering an upgraded, integrated experience without disrupting current workflows. Available in both DocMagic-branded and white-labeled options, the web-based platform is suited to a wide range of lender models.

For more information or to request a demo, visit https://www.docmagic.com/docmagic_one.

About DocMagic:

Founded in 1987 and headquartered in Torrance, California, DocMagic, Inc. is a leading provider of compliant document generation, automated compliance, eSignature and comprehensive eMortgage solutions for the mortgage industry. The company’s solutions facilitate precision-based digital lending transactions, connecting industry participants and ensuring data integrity. With in-house compliance experts and legal staff, DocMagic actively monitors legal and regulatory changes at both the federal and state levels. For more information, visit https://www.docmagic.com.

Tags: @DocMagicTech #lending #mortgagelending #compliance #AI

NEWS SOURCE: DocMagic, Inc.


This press release was issued on behalf of the news source (DocMagic, Inc.), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/docmagic-one-launches-to-unify-mortgage-production-under-a-single-ai-powered-platform/

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Friday Harbor announces integration with ICE Mortgage Technology’s Encompass

AI-powered originator assistant now seamlessly integrates with leading LOS to help Encompass shops assemble clean, complete and compliant files from the start

SEATTLE, Wash., Sept. 3, 2025 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced its new integration with the Encompass® loan origination system (LOS) from ICE Mortgage Technology, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure. Built using ICE’s latest Developer Connect API framework for mortgage technology, the integration enables seamless use of Friday Harbor within the Encompass environment.

Friday Harbor and ICE Mortgage Technology
Image caption: Friday Harbor announces integration with ICE Mortgage Technology’s Encompass.

Mortgage loan originators use Friday Harbor’s AI-powered originator assistant to automatically evaluate borrower documents, flag underwriting issues and resolve conditions. The new Encompass integration gives lenders an opportunity to engage Friday Harbor and enable access to these capabilities directly within their LOS, with data and documents synchronized throughout the process.

“The best way to lower costs and close loans sooner is to get the file right from the start,” said Friday Harbor CEO Theo Ellis. “Our integration with Encompass embeds Friday Harbor’s underwriting intelligence directly into existing LOS workflows, reducing file touches and accelerating origination for any borrower and any loan.”

“Being the first to go live with Friday Harbor’s Encompass integration has been a game-changer for our originators,” said Taylor Stork, chief operating officer at Developer’s Mortgage Company. “Friday Harbor helps our loan officers catch and resolve underwriting conditions earlier, so they can spend less time chasing paperwork and more time winning business. It’s a clear competitive advantage.”

Where traditional AI technologies have struggled to automate beyond ‘plain vanilla’ conventional loans, Friday Harbor was purpose-built to handle the complex borrower scenarios lenders navigate every day. By helping mortgage loan originators catch and fix file issues up front, it reduces costly underwriting touches, boosts pull-through and accelerates time to close. With Friday Harbor in place, lenders can assemble the clean, complete and compliant loan files that underwriters expect and borrowers deserve.

For more information, visit Friday Harbor on the ICE Marketplace.

ICE does not own, control, nor endorse any specific industry participant or the product/service provided. Loan originators and servicers are responsible for vetting, selecting, and contracting with the providers of their choosing.

About Friday Harbor

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: @ICEMortgageTech #mortgagetech #AI #fintech

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-announces-integration-with-ice-mortgage-technologys-encompass/

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Friday Harbor adds Chris Simms, Gregory Buehler to leadership team to accelerate AI-powered mortgage origination

Seasoned hires bring product and partnership firepower as Friday Harbor scales AI-native mortgage tech

SEATTLE, Wash., July 24, 2025 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, announced two strategic hires today: Chris Simms has joined as head of strategic partnerships, and Gregory Buehler has joined as founding product manager. They bring over 35 years of combined experience in mortgage lending, product strategy and technology innovation.

Friday Harbor adds Chris Simms, Gregory Buehler to leadership team
Image caption: Friday Harbor adds Chris Simms, Gregory Buehler to leadership team.

Simms will oversee Friday Harbor’s customer relationships as well as its strategic alliances with technology integration partners and industry associations. His initial focus will be on customer engagement and success as he works to ensure lenders see lower costs, shorter cycle times and a better experience for borrowers on every loan. He sees a clear opportunity to help lenders modernize in a space long overdue for change.

“Lenders are hindered by legacy systems and manual processes that haven’t kept up with the innovation in other industries,” Simms said. “Friday Harbor is the first solution I’ve seen that truly understands and improves the process with real AI. This role felt like a natural opportunity to combine my passion for innovation with my industry experience to help transform how loans are manufactured.”

Buehler will define and execute product strategy in close partnership with the founding team, a role that Friday Harbor CEO Theo Ellis describes as ‘the glue between business and engineering.’ To that end, Buehler will collaborate with engineering, operations and customer success to scale Friday Harbor’s platform to serve a wider range of lenders, loan types and use cases while maintaining alignment with real-world origination pain points, workflows and tech stacks.

“I’ve helped build product from scratch at multiple B2B startups, and what drew me to Friday Harbor was how well the founding team understands both the problem and the customer,” Buehler said. “With AI2’s backing and a clear opportunity to modernize mortgage lending, joining the team was an easy decision.”

“Chris and Gregory bring the kind of leadership we need at this stage: deep domain knowledge paired with a builder’s mentality,” said Ellis. “We’re not just growing headcount. We’re building the kind of team that can deliver real change to a long-stagnant part of financial services. With their help, we’re making loan manufacturing faster, smarter and finally worthy of the digital age.”

Simms joins Friday Harbor after a 20-year career leading mortgage sales, origination and capital markets teams at Mutual of Omaha Mortgage, First Integrity Mortgage Services, Pulaski Bank and other institutions. During his time at these lenders, he partnered directly with mortgage technology firms to help align software solutions with real-world industry workflows. He currently serves as president of the Mortgage Bankers Association of St. Louis.

Buehler has over ten years of experience leading product development at early-stage B2B startups including Pebble Health, learning management software provider Skilljar (acquired by Gainsight) and social analytics firm Simply Measured (acquired by Sprout Social). Buehler holds dual master’s degrees from the University of Washington: an M.B.A. in international studies from the Foster School of Business and an M.A. in Japan studies.

About Friday Harbor

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-adds-chris-simms-gregory-buehler-to-leadership-team-to-accelerate-ai-powered-mortgage-origination/

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MMI Unveils ChatMMI: Mortgage Intelligence, One Question Away

SALT LAKE CITY, Utah, July 21, 2025 (SEND2PRESS NEWSWIRE) — Mobility Market Intelligence (MMI), the original pioneer in mortgage market intelligence, today announced the launch of ChatMMI™ – the industry’s first conversational AI interface built specifically for lenders, recruiters, and mortgage professionals.

ChatMMI shows a loan officer’s five-year production history - refi and purchase - instantly, from a single prompt.
Image caption: ChatMMI shows a loan officer’s five-year production history – refi and purchase – instantly, from a single prompt.

Founded in 2008, MMI has spent nearly two decades building the industry’s most comprehensive mortgage data solution. From visualizing market share to unlocking loan officer performance, MMI has helped shape how mortgage companies compete and grow. Now, with the launch of ChatMMI, the company is taking that intelligence one step further—making it instantly accessible through natural language.

“We’ve always focused on giving our clients the best data,” said Ben Teerlink, Founder and CEO of MMI. “ChatMMI is about giving them faster access to it. No filters, no exports, no manual work—just the insights they need, when they need them.”

ASK ANYTHING. GET ANSWERS INSTANTLY

With ChatMMI, users can skip dashboards, filters, and spreadsheets—and just ask.

Want to know which lenders gained the most purchase volume in California last quarter? Or see retention by month for the past 5 years? Just ask. ChatMMI responds in real time, pulling from the deepest, most robust dataset in the industry.

BUILT ON THE MORTGAGE INDUSTRY’S MOST POWERFUL DATA ENGINE

ChatMMI is powered by the industry’s most complete mortgage data and intelligence. Behind the scenes, it taps into:

  • 500 million+ origination records spanning 25 years
  • 8+ terabytes of data
  • Real-time insights across 150+ million properties and 3,000+ counties

MMI recently expanded MLS listing coverage from 90% to 98.5% of U.S. counties, with some counties seeing listing volume jump by 50% to 300%. The company also improved how it connects mortgage and real estate data—by 35%.

When you ask ChatMMI a question, you’re not getting an approximation based on incomplete or unreliable source data. You’re getting a fast, precise response—backed by the mortgage industry’s most complete and trusted data engine.

“With ChatMMI, we’re making all of that data and intelligence even more accessible,” said Dan Jones, Chief Technology Officer at MMI. “It’s like having a 24/7 data analyst who understands mortgage—and speaks your language.”

ONE GOAL. ONE SOLUTION

ChatMMI is the latest addition to MMI’s unified mortgage technology solution, which includes:

MMI Data Center – The industry’s most trusted source for mortgage market intelligence, production trends, referral insights, and recruiting data. ChatMMI is built directly into the MMI Data Center for instant, conversational access to insights.

Bonzo – Automates outreach and engagement—CRM, SMS, email, video, and ads—for personalized communication at scale

MonitorBase – Borrower alerts, predictive analytics, and lead insights

Pathways Home (launching later this year) – Post-close homeowner engagement that keeps LOs connected for life

Together, these tools support MMI’s Lead-to-Loan-to-Lifetime Loyalty™ approach—giving lenders everything they need to recruit top talent, engage borrowers, and build relationships that last long after closing.

WHAT’S NEXT

ChatMMI users will see more enhancements and features this fall—including predictive prompts, embedded benchmarking, and integrations with CRM and marketing automation tools.

ABOUT MMI

Founded in 2008, Mobility Market Intelligence (MMI) is the industry’s leading unified mortgage technology solution. Combining robust market data, borrower insights, conversation-driven CRM, and homeowner engagement tools through MMI Data Center, MonitorBase, Bonzo, and the upcoming Pathways Home, MMI empowers lenders to identify opportunities, engage referral partners, and stay connected across the full customer lifecycle. Learn more at https://mmi.io/ or contact sales@mmi.io.

MULTIMEDIA:

Image link for media: https://www.Send2Press.com/300dpi/25-0721-s2p-chatmmi-300dpi.jpg

Image caption: ChatMMI shows a loan officer’s five-year production history – refi and purchase – instantly, from a single prompt.

NEWS SOURCE: Mobility Market Intelligence


This press release was issued on behalf of the news source (Mobility Market Intelligence), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/mmi-unveils-chatmmi-mortgage-intelligence-one-question-away/

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Friday Harbor unveils AI-powered condition engine to deliver faster, cleaner, audit-ready mortgage files

New functionality generates plain-language, color-coded conditions with full audit trail, enabling originators to resolve issues in real time and cut days off the loan process

SEATTLE, Wash., May 29, 2025 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced the launch of a retooled condition engine that automatically generates actionable underwriting conditions based on borrower source documents and loan guidelines.

Friday Harbor logo
Image caption: Friday Harbor.

Unlike traditional “stare and compare” tools that flag generic issues, Friday Harbor’s condition engine reads the full context of the loan file—including borrower documents, AUS findings and lender overlays—and outputs conditions that are immediately usable by loan officers, processors and borrowers. Each condition is written in plain English, color-coded by urgency and supported by documentation that gives underwriters a ready-made audit trail.

“In most mortgage workflows today, identifying conditions is a game of hot potato between departments. Friday Harbor solves that by delivering conditions in real time that are actionable at the beginning of the borrower journey, not just in the underwriting queue,” said Theo Ellis, co-founder and CEO of Friday Harbor. “We’re empowering originators to spot and solve issues earlier, which leads to cleaner files, faster closings and dramatically lower costs to originate.”

The new engine doesn’t just catch obvious clerical gaps. It’s also trained to spot nuanced issues such as:

  • Red flags for occupancy and other types of fraud
  • Unexplained large deposits
  • Missing documentation
  • Undisclosed liabilities

For each flagged issue, Friday Harbor provides a proposed resolution path and direct links to applicable guidelines. For junior loan officers, the engine pairs with the platform’s AI-powered Scenario Desk to explain next steps or script borrower communications. For underwriters, it offers full traceability, with source documents and reasoning behind every condition.

Friday Harbor’s AI underwriter is already used by some of the nation’s most forward-thinking lenders, including Partners Bank, NewFed Mortgage, Developer’s Mortgage Company and Paramount Residential Mortgage Group. The company is backed by the AI2 Incubator, a technical incubator born from the Allen Institute for AI in Seattle, and was recently funded by leading Silicon Valley venture firms including Abstract Ventures, Mischief and Wischoff Ventures.

To learn more about how Friday Harbor is helping level the playing field for the more than 4,500 mortgage lenders competing with the tech arms of Rocket and UWM, visit https://fridayharbor.ai/.

About Friday Harbor:

Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech

NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/friday-harbor-unveils-ai-powered-condition-engine-to-deliver-faster-cleaner-audit-ready-mortgage-files/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P126577 NOREL-3B

 

Optimal Blue Releases Executive-Level AI Insights Tool, Ask Obi, to Clients

The no-cost, AI-powered assistant is built for executive decision-makers seeking fast answers to complex business profitability questions

PLANO, Texas, May 19, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced that Ask Obi, an AI-powered assistant designed to help mortgage lending executives extract real-time insights from across Optimal Blue’s capital markets platform, is now generally available to all PPE clients. Introduced at the company’s inaugural user conference in February and refined through beta testing with select clients, Ask Obi provides executives with fast answers to complex profitability questions at no additional cost.

Optimal Blue logo
Image caption: Optimal Blue logo.

Ask Obi is built for executive decision-makers who need reliable, data-driven answers to complex business questions. By aggregating data across Optimal Blue’s solutions, it enables users to ask conversational questions – such as ‘where did margins shift the most last quarter?’ or ‘which branches issued the highest concessions last month?’ – and receive clear, visual responses that support confident, strategic decisions. An interface sidebar retains previous queries, making it easy to revisit past prompts or rerun commonly used questions with a single click.

“Ask Obi fills a critical need for lending leaders: making capital markets performance data not just accessible, but actionable,” said Erin Wester, chief product officer at Optimal Blue. “What makes Ask Obi stand apart is its ability to synthesize information across systems. Most AI tools in our space are focused narrowly on origination workflows, but Ask Obi helps executive teams view their operations holistically and at a level that’s often difficult to achieve without a dedicated analyst.”

Although available as a standalone product, Ask Obi is powered by and seamlessly connected to other Optimal Blue offerings. The more products a client uses, the deeper and more contextual Ask Obi’s insights become. As part of a broader rollout of AI-powered capabilities, Ask Obi complements tools like Optimal Blue’s recently launched Originator Assistant, which helps front-line originators compare and present optimal loan scenarios.

Ask Obi’s general availability comes just ahead of the Mortgage Bankers Association’s Secondary and Capital Markets Conference and marks another milestone in a series of planned enhancements for Optimal Blue clients this year.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit OptimalBlue.com.

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NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-releases-executive-level-ai-insights-tool-ask-obi-to-clients/

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Optimal Blue Brings AI-Powered Originator Assistant to Market, Helping Originators Present Best Possible Loan Options to Borrowers

Leader in mortgage capital markets technology delivers on innovations unveiled at Summit user conference

PLANO, Texas, May 1, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced the general availability of Originator Assistant, a powerful addition to the Optimal Blue PPE. Leveraging generative AI, Originator Assistant eliminates human bias in the loan structuring process and helps originators identify all options for a borrower, providing more ways to help consumers realize the American dream of homeownership.

Optimal Blue logo
Image caption: Optimal Blue.

Unveiled at the inaugural Optimal Blue Summit in February and now available to all Optimal Blue PPE clients using the enhanced originator interface, Originator Assistant is an AI-powered recommendation engine that simplifies loan structuring by identifying alternate scenarios with more competitive pricing. The tool automatically detects pricing breakpoints and suggests opportunities for more strategic loan discussions, saving loan officers time and eliminating manual guesswork. The tool evaluates loan options based on various parameters while searching for pricing incentives on the peripheral or opportunities for adjustment to achieve different terms. Combined with Scenario Optimizer, which enables side-by-side comparisons, Originator Assistant gives lenders a distinct advantage in presenting the best options to borrowers.

Further building on its delivery of innovation, Optimal Blue also announced the beta release of enhanced Lock Extensions workflows, a feature reimagined in close collaboration with the company’s clients. The feature gives lenders greater control, automation and flexibility over lock extension policy management. The new Lock Extensions experience allows Optimal Blue PPE users to configure policies across multiple investors using global product groups, significantly reducing manual work and complexity. It also introduces a step-by-step configuration workflow, advanced toggles to support compliance considerations, and automation tools for processing and tracking extension requests. Together, Originator Assistant and Lock Extensions help lenders respond faster to market conditions, reduce manual error and apply lock policies with greater consistency and precision.

“Originator Assistant and our enhanced Lock Extensions feature are great examples of how we listen closely to our customers and build solutions that solve real problems,” said Erin Wester, chief product officer at Optimal Blue. “These latest enhancements demonstrate that innovation is not just a promise at Optimal Blue, it’s a practice. Our clients can continue to expect exciting product updates as Optimal Blue heads toward the MBA Secondary and Capital Markets conference later this month.”

Both enhancements are accessible by Optimal Blue PPE clients with no setup required. Originator Assistant runs automatically, and existing lock extension policies will be migrated to the new Lock Extensions experience, allowing clients to begin making updates right away. Additional innovations introduced at the Optimal Blue Summit, including Rules Optimizer, Ask Obi and the Solution Center, are expected to reach general availability later this spring.

About Optimal Blue

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

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NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-brings-ai-powered-originator-assistant-to-market-helping-originators-present-best-possible-loan-options-to-borrowers/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P125900 NOREL-3B

 

Friday Harbor raises $6M to help community mortgage lenders match the speed and efficiency of industry giants

AI-powered platform enables lenders of all sizes to close loans faster, reduce costs and ensure compliance in real time

SEATTLE, Wash., April 15, 2025 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced the completion of a $6 million seed round. The round was led by Abstract Ventures, a San Francisco-based venture firm with $1.5 billion in assets under management and a track record of backing breakout companies including Rippling, xAI, Hebbia, Brigit and Hippo (NYSE: HIPO) and Mischief, an early-stage VC fund co-founded by Plaid CEO Zach Perret.

Friday Harbor logo
Image caption: Friday Harbor, Inc. logo.

Also participating in the round were Wischoff Ventures, a VC firm founded by Blend (NYSE: BLND) alum Nichole Wischoff; and the AI2 Incubator, a technical incubator born from the Allen Institute for AI (AI2).

With Friday Harbor’s platform, lenders of all sizes can leverage AI to read and interpret borrower documents, generate a borrower-specific needs list, underwrite files and flag potential conditions—all in real time. Each flagged issue includes a suggested resolution, enabling loan officers to take action with a single click. By compressing what typically takes weeks of back-and-forth into just minutes, Friday Harbor reduces downstream friction and accelerates time to close.

Friday Harbor was founded with a mission to make advanced AI tools accessible to all lenders—not just those with the biggest budgets. By replacing outdated, manual workflows and automating key underwriting steps, the platform empowers banks, credit unions and independent mortgage banks (IMBs) to match—or even surpass—the speed, cost-efficiency and borrower experience of mega-lenders like Rocket Companies and United Wholesale Mortgage, which together accounted for one-fifth of all IMB originations in 2024, according to Home Mortgage Disclosure Act data.

“I’ve always believed AI could be the great equalizer in mortgage lending,” said Friday Harbor CEO and Co-founder Theo Ellis. “Thousands of lenders deserve access to the same tools as the mega-lenders—and in many cases, they’re now doing things the biggest players can’t. That’s what happens when you give lenders technology built by people who truly understand both AI and mortgage.”

Early adopters of Friday Harbor confirm the system’s ability to address costly ‘stare and compare’ tasks and mitigate errors that slow loan production:

  • “My LOs can’t stop talking about how much time they’re saving. Friday Harbor helps our team get ahead of potential issues before files even reach underwriting. That kind of early insight speeds up the process and creates a smoother experience for everyone—especially the borrower. I’ve never seen anything else like it.”
    —Taylor Stork, chief operating officer at Developer’s Mortgage Company
  • “Since partnering with Friday Harbor, we’ve seen a clear transformation in how we manufacture loans, our processing capacity has nearly tripled without adding headcount, our cost to originate is down and we’re submitting cleaner loans that move through underwriting faster. Partnering with Friday Harbor is not just an efficiency gain, it’s a competitive advantage that moves the needle in a big way.”
    —Rob Jewett, chief operating officer at NewFed Mortgage
  • “We started as a design partner of Friday Harbor because it is one the few uses of actual AI in analyzing documents being collected from borrowers. We teamed up early because we knew a real, document-level AI would slash the busywork for underwriters and processors. Less back-and-forth, fewer headaches—everybody wins.”
    —Kevin Peranio, chief lending officer at Paramount Residential Mortgage Group
  • “Friday Harbor tackles some of the biggest challenges that keep lenders up at night. It’s like having an expert set of eyes on every file. I can upload documents on one screen, work on something else and come back minutes later to find conditions issued, alerts flagged and even undisclosed debts identified. It streamlines file setup and underwriting in a way that’s both efficient and incredibly smart. This is the kind of tool that changes how lending teams work.”
    —James D. Carroll, head of home lending at Partners Bank

Friday Harbor was founded by Ellis and Jesse Collins (CTO) and launched in 2024 with support from the AI2 Incubator and CoFound Partners. Ellis was previously head of U.S. growth and an early employee at machine learning fintech Pagaya Technologies (NASDAQ: PGY), where he helped launch multiple new consumer credit verticals for the company. Collins previously held senior engineering roles at leading fintech companies including Affirm (NASDAQ: AFRM) and Zillow (NASDAQ: Z), where he specialized in applying artificial intelligence to fraud detection and underwriting systems.

The $6M seed round will support the growth of Friday Harbor’s engineering team and support integrations with leading mortgage LOS and point-of-sale platforms—paving the way for more lenders to automate file setup, accelerate underwriting and compete directly with the largest lenders in the country.

About Friday Harbor
Friday Harbor is an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time. The company combines deep fintech expertise with cutting-edge artificial intelligence to remove complexity, slash origination costs and deliver a better borrower experience. For more information, visit https://fridayharbor.ai/.

Tags: #mortgagetech #AI #fintech #seedfunding #venturecapital

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NEWS SOURCE: Friday Harbor


This press release was issued on behalf of the news source (Friday Harbor), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

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Optimal Blue Introduces Seven Major Innovations at Its Inaugural User Summit in San Diego

Company continues its streak of aggressive product innovation and no-cost feature additions

SAN DIEGO, Calif., Feb. 4, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today unveiled a series of new products and features, alongside its major Ask Obi AI assistant announcement, at its Summit user conference in San Diego. These innovation announcements underscore the company’s commitment to delivering high-impact solutions, at no additional cost, that tackle real-world challenges and help lenders maximize profitability.

Optimal Blue logo
Image caption: Optimal Blue.

“Today more than ever, lenders need software and data solutions that empower them to make smarter business decisions and operate with efficiency, and Optimal Blue is demonstrating our commitment to helping them navigate and thrive in this complex and highly regulated environment,” said Erin Wester, chief product officer at Optimal Blue. “The products and features announced at our Optimal Blue Summit are not simply software – they are solutions designed specifically to help lenders maximize their profitability, built based on real feedback gathered from our hundreds of clients. These innovations are a testament to Optimal Blue’s state-of-the-art product, research and development, and engineering teams that go to work for the benefit of our clients every day.”

Major product enhancements announced during the Summit include:

ORIGINATOR ASSISTANT

Originator Assistant is an AI-powered tool in the Optimal Blue PPE that identifies alternate loan scenarios that can produce more competitive pricing, helping loan officers have more strategic discussions with borrowers to win more business. Originator Assistant further amplifies Optimal Blue’s Scenario Optimizer tool, which was introduced last fall to allow clients to run up to three pricing scenarios side-by-side. Originator Assistant examines applicable adjustments, margins, and other price components, and identifies where small loan setup/parameter changes could positively impact pricing. Fully embedded within a loan officer’s workflow, Originator Assistant runs behind-the-scenes as part of every scenario search.

RULES OPTIMIZER

Rules Optimizer is a feature in the Optimal Blue PPE that allows lenders to streamline the rule creation process by creating a single rule and applying it to multiple investor relationships. This gives lenders flexibility to take advantage of both one-to-one and one-to-many investor relationships or custom rule writing. Rules Optimizer also offers change history tracking so users can easily see updated rules and investors/products at a granular level, as well as the ability to schedule run periods in advance to support specials and limited-time promotions. Rules Optimizer is built on top of the Optimal Blue PPE’s system-maintained ratesheet content, which is regarded for its industry-leading accuracy.

RATESHEET TOOL

The Ratesheet Tool is a feature that connects front-end pricing (i.e., origination) with back-end pricing (i.e., secondary) to allow lenders to generate ratesheet pricing with a known margin, accurately. Linking to both the Optimal Blue PPE and the CompassEdge hedging and loan trading platform, the Ratesheet Tool allows secondary users to access a back-end price and deliver a more accurate execution price to originators. The Ratesheet Tool offers a new way for lenders to generate ratesheets with their own proprietary pricing, with precision and accuracy from secondary to origination. This solution showcases a distinct benefit lenders can only realize from working with Optimal Blue, given the company’s end-to-end capital markets platform encompassing both product and pricing and hedging and trading.

CONFIRM ASSISTANT

Confirm Assistant is a feature in the CompassEdge hedging and loan trading platform that reduces both the time and potential for manual errors associated with reading TBA trade confirmation files. The tool uses AI to read files from broker-dealers, parsing the documents into usable formats. With Confirm Assistant, users simply drag and drop confirmation files and approve them without having to manually key in data. This benefits users by reducing manual, time-consuming steps and freeing up staff to focus on more complex trades.

MORTGAGE RATE FUTURES

First announced in November 2024, Optimal Blue has partnered with CME Group, the world’s leading derivatives marketplace, to provide the Optimal Blue Mortgage Market Index (OBMMI) as the foundation for CME Group’s new Mortgage Rate futures. Launched on Jan. 13, 2025, Mortgage Rate futures are cash-settled contracts that provide direct exposure to the latest primary mortgage rate available to borrowers, giving mortgage originators an additional instrument to hedge pipeline and servicing risk. The contracts are the first-ever to be based on the 30-Year Fixed Rate Conforming OBMMI, which is designed for IOSCO compliance and tracks real-time rate lock data from more than one-third of U.S. residential mortgage originations.

SOLUTION CENTER

The Solution Center is a partner marketplace within Optimal Blue’s Comergence platform that expands revenue opportunities for mortgage lenders and investors and third-party partners and vendors. The Solution Center provides a platform where users can sell products and services through a two-sided marketplace of vetted integration partners. It supports more streamlined vendor communication, and the Solution Center Academy provides a resource for asynchronous training, helping investors promote strategic relationships, as well as required trainings, for their third-party originators.

ASK OBI

Finally, as announced earlier today, Ask Obi is Optimal Blue’s new standalone AI assistant that gives executives instant, interactive access to granular data insights and trends to improve business decisions. Ask Obi gives lenders the power to view their operations holistically with data aggregation across Optimal Blue’s comprehensive capital markets platform, reaching from loan origination data through hedging and trading.

Optimal Blue’s Summit user conference features multi-track sessions exploring AI and automation trends, profitability strategies, market insights, and more, led by leading economists, policymakers, and lenders, as well as the company’s own subject matter experts.

About Optimal Blue:

Optimal Blue effectively bridges the primary and secondary mortgage markets to deliver the industry’s only end-to-end capital markets platform. The company helps lenders of all sizes and scopes maximize profitability and operate efficiently so they can help American borrowers achieve the dream of homeownership. Through innovative technology, a network of interconnectivity, rich data insights, and expertise gathered over more than 20 years, Optimal Blue is an experienced partner that, in any market environment, allows lenders to optimize their advantage from pricing accuracy to margin protection, and every step in between. To learn more, visit https://OptimalBlue.com/.

NEWS SOURCE: Optimal Blue


This press release was issued on behalf of the news source (Optimal Blue), who is solely responsible for its accuracy, by Send2Press Newswire. Image, if any, was provided by the news source and not this website or the wire service. Information is believed accurate, as provided by the news source, but is not guaranteed.

To view the original story, visit: https://www.send2press.com/wire/optimal-blue-introduces-seven-major-innovations-at-its-inaugural-user-summit-in-san-diego/

Copr. © 2025 Send2Press® Newswire, Calif., USA. -- REF: S2P STORY ID: S2P123799 NOREL-3B