Tag Archives: TMC Emerging Technology Fund LP

The Mortgage Collaborative 3.16.25 Mortgage Tech Day Presents Five Startups to Compete in Dallas Pitch Event

DALLAS, Texas, March 10, 2025 (SEND2PRESS NEWSWIRE) — The future of mortgage technology is set to take the spotlight in Dallas as The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, and the TMC Emerging Technology Fund LP present the seventh Mortgage Tech Day (MTD).

Image caption: TMC Emerging Technology Fund.

This high-energy, fast-paced competition will take place alongside TMC’s “Live Large, Think Big!” conference at Live! By Loews in Arlington, TX (Room DE) on March 16 from 3 PM – 5 PM CT. Sponsored by Docutech, MTD gives early-stage mortgage tech companies a unique opportunity to showcase their innovations in front of industry leaders, investors, and venture capitalists.

Six forward-thinking startups have been selected to present their game-changing mortgage technology solutions:

Ardley – AI-powered mortgage processing, designed for speed and accuracy
Lender – A streamlined lending workflow platform for seamless transactions
Mesh – Integration technology that connects mortgage platforms like never before
Uplist – Enhancing the home-buying experience with smarter tools
Feather – Simplifying compliance and documentation for mortgage professionals

This pitch competition follows a Shark Tank-style format, where each company gets eight minutes to present their innovation, followed by seven minutes of rapid-fire Q&A from a panel of venture capital firms, limited partners, and mortgage industry experts.

Beyond the competition, MTD offers unparalleled networking opportunities—participants can connect with potential investors, industry leaders, and future customers who can help propel their businesses forward.

The audience and judges will vote in real time to determine the winner, who will receive:

One week in HousingWire Daily Newsletter ($5,000 value)
A complimentary spot in HousingWire Mortgage Tech Demo Day ($9,000 value)
A feature in HousingWire Product Guide ($8,000 value)

“Mortgage Tech Day offers an unparalleled opportunity for promising young companies to showcase their innovations to a target-rich audience of potential customers and investors,” General Partner of the TMC Emerging Tech Fund Sandy Selman said. “The event also gives us, as managers of the Fund, a front row seat to see these companies in action and whether to include them in our investment pipeline. We invite professionals from across the industry to attend, engage with these innovative companies, and help select the winner by casting their vote.”

Date: March 16, 2025
Location: Live! By Loews, Arlington, TX (Room DE)
Time: 3 PM – 5 PM CT

Secure your spot today: Click here to register

About TMC Emerging Technology Fund LP

TMC Emerging Technology Fund LP (the “Fund”) is a specialist fintech fund explicitly focused on the mortgage industry and immediately adjacent verticals. Its Limited Partners consist of some of the most technology-forward lender members of TMC and help the Fund understand where the industry is headed, what will work, what won’t and why. The Fund continues to look for investments in exciting companies that will have the most profound impact on this multi-trillion-dollar industry. For more information, please reach out to info@tmctechfund.com.

About The Mortgage Collaborative

The Mortgage Collaborative (TMC) is a membership-driven organization dedicated to empowering mortgage lenders across the United States through networking, education, and advocacy. Our goal is to support the success of our members by fostering an environment of collaboration and innovation. For more information, visit http://www.mortgagecollaborative.com/

### UPDATED 12:27pm PDT 3.10.25 to fix an inadvertent error in the text.

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-3-16-25-mortgage-tech-day-presents-five-startups-to-compete-in-dallas-pitch-event/

TMC Emerging Technology Fund Announces Newest Corporate Partner: Andromeda Division Constellation Software’s Perseus Operating Group

AUSTIN, Texas /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP has secured its first corporate partner, Andromeda. Andromeda is a Division of the Perseus Operating Group, of Constellation Software, Inc. (TSX: CSU; "Constellation"). Constellation is a long-term investor and operator of over a thousand software companies in multiple vertical markets with a cumulative investment of over $10 billion. Andromeda builds, acquires, and invests in financial software companies that provide mission-critical solutions for the mortgage industry.

"We are excited to partner with The Mortgage Collaborative through their Emerging Technology Fund," said Bonnie Wilhelm, Chief Executive Officer at Andromeda. "TMC's deep industry expertise and focus on innovation perfectly aligns with our own commitment to supporting growth in the mortgage technology sector. Together, we can identify and invest in promising companies that are shaping the future of lending."

"We could not be more thrilled to welcome Andromeda to our program. In addition to strengthening our investment capacity, we look forward to closely collaborating with their team and benefitting from their considerable industry experience to help us make smart, strategic investments," commented Sandy Selman, General Partner of the TMC Emerging Technology Fund LP.

About TMC Emerging Technology Fund LP

TMC Emerging Technology Fund LP (the "Fund") is a specialist fintech fund explicitly focused on the mortgage industry and immediately adjacent verticals. Its Limited Partners consist of some of the most technology-forward lender members of TMC and help the Fund understand where the industry is headed, what will work, what won't and why. The Fund continues to look for investments in exciting companies that will have the most profound impact on this multi-trillion-dollar industry. For more information, please reach out to info@tmctechfund.com.

About Andromeda

Andromeda is a global investment firm specializing in acquiring and investing in mission-critical software companies. It partners with exceptional entrepreneurs to scale businesses that serve essential needs across a wide range of industries. Andromeda's long-term approach empowers management teams to drive sustainable growth and achieve enduring success. In the mortgage industry, our businesses include Optimal Blue, Dark Matter Technologies, Constellation Mortgage Solutions, Axacore and ReverseVision. Together, our business units work tirelessly to empower lenders on the front lines with innovative solutions designed to lower origination costs in a regulatory-compliant manner. For more information, visit https://www.csiandromeda.com

About The Mortgage Collaborative

The Mortgage Collaborative The Mortgage Collaborative (TMC) is a membership-driven* organization dedicated to empowering mortgage lenders across the United States through networking, education, and advocacy. Our goal is to support the success of our members by fostering an environment of collaboration and innovation. For more information, visit http://www.mortgagecollaborative.com/

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP has secured its first corporate partner, Andromeda. Andromeda is a Division of the Perseus Operating Group, of Constellation Software, Inc. (TSX: CSU; "Constellation").

Related link: https://www.mortgagecollaborative.com

TMC Emerging Technology Fund LP Invests in Halcyon

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") has made its latest investment in Halcyon. Halcyon's suite of services provides financial institutions with a 360-degree financial relationship with its customers by affordably expanding their offerings to include investment advisory, IRS transcripts and tax preparation services. Halcyon also introduces an industry-first rep/warranted IRS transcript income validation service at a fraction of the cost and time of any commercially available alternative.

Kirk Donaldson, CEO of Halcyon, said, "Given the immense experience and insight the TMC Emerging Tech Fund and its LPs bring to the table, we are thrilled and honored to secure their investment. Our cutting-edge solutions are designed to address perennial mortgage industry challenges, including lowering closing costs and timeframes while streamlining the borrower experience, which makes us a perfect fit for the Fund."

"We are extremely pleased to add Halcyon to our growing portfolio of mortgage tech leaders. Halcyon has realized significant market traction in a relatively short amount of time and in a difficult market. They count some of our Limited Partners as customers and created a partnership with one of our other portfolio companies, TRAiNED, thus demonstrating the importance of Halcyon to our ecosystem. We are confident, under Kirk's experienced leadership, Halcyon will become one of the star performers of our portfolio," said Sandy Selman, Venture Partner with the Fund.

TMC Emerging Technology Fund LP is a specialist fintech fund explicitly focused on the mortgage industry and immediately adjacent verticals. Its Limited Partners consist of some of the most technology-forward lender members of TMC and help the Fund understand where the industry is headed, what will work, what won't and why. The Fund continues to look for investments in exciting companies that will have the most profound impact on this multi-trillion-dollar industry. For more information, please reach out to info@tmctechfund.com.

About The Mortgage Collaborative:

The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") has made its latest investment in Halcyon. Halcyon's suite of services provides financial institutions with a 360-degree financial relationship with its customers by affordably expanding their offerings to include investment advisory, IRS transcripts and tax preparation services.

Related link: https://www.mortgagecollaborative.com

TMC Emerging Technology Fund LP Invests in TRAiNED

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $1 million Simple Agreement for Future Equity (SAFE) funding round for TRAiNED, Inc.

TRAiNED was founded in December 2021 with a mission to reduce costs, increase efficiency and even out the boom-and-bust cycles in the mortgage industry. Its flagship product, Mortgage Origination Responsible Intelligence (MORI) is designed to be a self-service system for automating steps within the labor-intensive mortgage origination workflow. The system leverages artificial intelligence (AI) and machine learning (ML) data models in a secure environment to process documents and generate normalized and valid data for return to the lender's loan origination system (LOS).

MORI has recently completed alpha and beta testing and is already showing success providing clients with an average of 15 hours saved every week. TRAiNED is updating the AI and adding functionality to the MORI platform on a regular basis to provide even greater industry efficiencies. The company also offers the ability to augment staffing needs with data labeling and document indexing services.

"The limited partner's investment in TRAiNED is a testament to the need for our solution. The fact that my peers on the fund have also signed client relationship agreements is extremely helpful in TRAiNED's development. There are great things to come, and I am grateful for TMC's Tech Fund in taking this journey with me," said Jonathan Freed, CEO of TRAiNED, Inc.

TRAiNED is a partnership between enterprise-level AI company Inpleo, mid-sized independent mortgage lender Success Mortgage Partners and Freed, a former owner of a mid-sized independent mortgage lender and operating partner of TMC's Emerging Tech Fund. The three partners bring together technology and experience to move the mortgage and other paperwork-heavy industries toward adoption of meaningful, productive and cost-efficient automation.

"Success Mortgage Partners, Inc is thrilled to participate in this investment," said Owen Lee, CEO of Success Mortgage Partners, Inc and TMC Emerging Tech Fund Council Member. "What TRAiNED brings to the table is technology that saves time and conserves resources by automating 'back end' mortgage processes that are endlessly repetitive and traditionally executed by personnel. With TRAiNED, these tasks can now be automated with a superior rate of accuracy, saving mortgage lenders time and money on every single file, which compounds over time and number of files."

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members.

For more information, please reach out to info@tmctechfund.com To learn more about TRAiNED, visit gettrained.ai or reach out at info@gettrained.ai.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America.

For more information, visit: http://www.mortgagecollaborative.com/.

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $1 million Simple Agreement for Future Equity (SAFE) funding round for TRAiNED, Inc.

Related link: https://www.mortgagecollaborative.com

TMC Emerging Technology Fund LP Invests in Willow Servicing

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $6 million seed round for Willow Servicing. The round was led by Thomvest Ventures, with participation from Global Asset Capital, Webb Investment Network and Zigg Capital.

Willow Servicing was founded in 2021 with the vision of modernizing the core technology that orchestrates the collection of $18 trillion of U.S. mortgage debt. Willow's cloud-based mortgage servicing platform automates routine servicing tasks and compliance, allowing small and large servicers to efficiently service loans in-house.

"Partnering with TMC gives us direct access to a broad network of lenders who can provide guidance on the changing dynamics within the mortgage industry and invaluable feedback on our product roadmap and offering," said Laura Cain, CEO of Willow Servicing. "We are eager to continue building out our platform and automate the most error-prone and difficult tasks facing mortgage lenders and servicers. The additional funding will allow us to continue investing in our customers and solving their pain points."

Since launching its platform in Q1 2022, Willow has serviced over $750 million in loans. While initially designed to manage interim servicing, Willow has quickly expanded to support additional loan types and processes, from HELOCs and construction loans to appraisal fees and payoffs.

Feliks Viner, vice president of secondary markets at First World Mortgage and Tech Fund council member, said, "Willow Servicing's platform has been a perfect solution for our interim servicing needs. The entire process, from initial onboarding to managing daily workflow, has been seamless with real-time support and a user-friendly website. Willow has allowed us to effortlessly automate our interim servicing process and provide our customers with timely notifications and simple payment options. We are thrilled for our continued partnership with Willow Servicing."

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, please reach out to tmctechfund@mtgcoop.com. To learn more about Willow Servicing, visit https://www.willowservicing.com/ or reach out at sales@willowservicing.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $6 million seed round for Willow Servicing. The round was led by Thomvest Ventures, with participation from Global Asset Capital, Webb Investment Network and Zigg Capital.

Related link: https://www.mortgagecollaborative.com

TMC Emerging Technology Fund LP Invests in leadPops

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a follow-on round to a recent $3.5M Series A completed by leadPops, a digital customer acquisition software and marketing innovation platform. leadPops allows users to create robust, automated lead-generating systems that drive qualified leads directly to their business. Current leadPops clients leverage tools such as lead funnels, lead-generation websites and in-house managed marketing services to drive and secure high-quality leads with solid conversion potential.

"At leadPops, we believe driving traffic and clicks doesn't matter if you're not converting those clicks into clients, which is why we're thrilled to partner with The Mortgage Collaborative at a time when many mortgage companies need us the most" said CEO and Co-Founder of leadPops Andrew Pawlak. "The TMC Tech Fund's investment will help further accelerate leadPop's growth while allowing us to positively impact the more than 250 mortgage companies that are part of TMC. It's a big win for everyone involved, and the leadPops team is ready to rock."

leadPops was founded in 2011 to help mortgage, real estate and insurance businesses thrive online through optimized conversion. Existing partnerships include the Association of Independent Mortgage Experts (AIME), C2 Financial, Fairway Independent Mortgage, Movement Mortgage, Thrive Mortgage and many more. With more than 3,000 clients nationwide, leadPops was named one of the country's fastest-growing companies in 2021, earning it a place on the Inc. 5,000 list.

"Andrew literally wrote the book on mortgage lead generation and has a profound amount of knowledge and experience in lead generation and management for mortgage, real estate and insurance professionals," said Sandy Selman, Venture Partner for the TMC Emerging Technology Fund. "Andrew has boundless enthusiasm to help his clients succeed and is among that rare breed of entrepreneur in whom we are fortunate to invest."

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC and are responsible for evaluating and investing in companies looking to advance the mortgage industry to the next level. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, contact info@tmctechfund.com. To learn more about leadPops, visit https://leadpops.com.

About The Mortgage Collaborative:

Based in San Diego, CA., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve America's dynamic and changing consumer base. For more information, visit http://www.mortgagecollaborative.com/

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a follow-on round to a recent $3.5M Series A completed by leadPops, a digital customer acquisition software and marketing innovation platform. leadPops allows users to create robust, automated lead-generating systems that drive qualified leads directly to their business.

Related link: https://www.mortgagecollaborative.com

TMC Emerging Technology Fund LP Invests in Capacity

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $38M Series C investment round for AI Software, LLC dba Capacity. Capacity is an AI-powered support automation platform that connects into an organization's tech stack to answer questions, automate repetitive support tasks, and build solutions to any business challenge.

"The TMC Emerging Tech Fund's commitment to innovation in lending makes it a great partner for Capacity. We share the belief that technology has the power to improve the loan origination process and value their investment in our efforts to help people do their best work with support automation," said David Karandish, Founder and CEO of Capacity. "By tapping into the insights of TMC members, we can optimize how our AI-powered platform serves the needs of the mortgage industry, helping them centralize their knowledge, streamline workflows and automate repetitive tasks to meet the needs of their customers in today's environment."

Capacity provides mortgage lenders with a single platform to automate customer support and internal business processes. The platform boasts a more than 90% success rate in answering all prospective and current borrower inquiries automatically via conversational AI, and its no-code/low-code design, powerful workflow automation suite, robust developer platform and flexible database enables graceful human handoffs when necessary and intuitive task management. With Capacity's AI-powered support automation platform, lenders can enhance their user experience while streamlining operations, resulting in an 11-day improvement in closing times over the national average of 47 days.

"As mortgage tech enters its next evolution, companies like Capacity and its software represent a key next step in creating a more modern, tech-enabled mortgage operations process. Using best-in-class AI, Capacity helps mortgage lenders ease friction points and reduce costs within their operations, resulting in a less expensive and more streamlined borrower experience. We are thrilled to support Capacity on its journey and look forward to seeing the additional innovations it can deliver," said Jonathan Freed, Lender Engagement Director of the TMC Emerging Technology Fund.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $38M Series C investment round for AI Software, LLC dba Capacity. Capacity is an AI-powered support automation platform.

Related link: https://www.mortgagecollaborative.com

TMC Emerging Technology Fund LP Invests in Clever Real Estate

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the Fund) recently participated in a Series B investment round for Clever Real Estate. Clever offers free educational resources - including expert advice, reviews and guides - to help consumers navigate their real estate journey. They also match sellers and buyers with vetted local real estate agents and other service providers to negotiate lower rates on their behalf.

"Clever's mission is to help every person navigate their real estate journey with a trusted expert in their corner. Today, Clever's websites deliver educational content to more than 11 million readers per year. Through our nationwide agent network, Clever sells more than $250M in real estate each month and helps customers save an average of almost $10,000 in realtor fees on each transaction," said Luke Babich, Co-Founder and COO of Clever Real Estate. "We're thrilled to partner with TMC's Emerging Technology Fund to take Clever's growth to the next level. The Fund not only brings capital to help us accelerate the growth of our team and technology but also relationships and operating experience as Clever deepens partnerships in the mortgage industry to propel our team to another year of 300+% growth."

Owen Lee, a limited partner of the TMC Emerging Technology Fund and Co-Owner of Success Mortgage Partners, stated: "Success Mortgage Partners was thrilled to invest in Clever Real Estate. Clever's technology and its disruption of industry norms positions the company for massive future growth. What's more, its leadership team is young, smart, talented and not fearful of hard work - all of which makes Clever an ideal candidate for investment by The TMC Emerging Tech Fund. invests in companies."

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC. The Fund seeks to invest in companies that are leveraging technology to bring transformational change to the mortgage and real estate industries, with a particular emphasis on investment opportunities that will result in higher profitability and business process improvement for TMC lender members.

For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America.

For more information, visit https://www.mortgagecollaborative.com/.

RELATED LINKS:

https://www.mortgagecollaborative.com/tmc-emerging-tech-fund.html

https://listwithclever.com/

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the Fund) recently participated in a Series B investment round for Clever Real Estate. Clever offers free educational resources - including expert advice, reviews and guides - to help consumers navigate their real estate journey.

Related link: https://www.mortgagecollaborative.com

TMC Emerging Technology Fund LP to Host TMC Mortgage Tech Day

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") will host TMC Mortgage Tech Day on March 19, 2022, in conjunction with TMC's Winter Conference at the Fontainebleau Miami Beach.

The TMC Mortgage Tech Day is a unique opportunity for Fintech and Mortgage Tech companies to present to a live audience of TMC's Emerging Tech Fund limited partners, which is comprised of TMC mortgage lender executives, and a panel of judges from leading mortgage tech venture capital (VC) firms.

Presenters will receive visibility by top lenders in the country, consideration for investment by the fund and national media coverage, and the top three are also eligible for a cash prize. Target investment themes include Robotic Process Automation (RPA), Machine Vision/Machine Learning, Artificial Intelligence (AI), Web & Mobile Applications, Cybersecurity & Blockchain Applications, and Digital Transaction Platforms.

Interested companies must submit an application here by January 14, 2022. All applicants will be screened by the TMC Emerging Technology Fund for a chance to present during TMC Mortgage Tech Day.

TMC Emerging Technology Fund LP is an early-stage venture capital fund sponsored by The Mortgage Collaborative targeting investments in companies that improve the following: efficiency of manufacturing and servicing mortgages, customer experience, quality and profitability of mortgage origination. TMC's lender members comprise 15-20% of all mortgage originations in the United States.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

RELATED LINKS:

https://www.mortgagecollaborative.com/tmc-emerging-tech-fund.html

https://www.mortgagecollaborative.com/tmc-mortgage-tech-day.html

https://t07vlwbo2c0.typeform.com/to/nGS1Z290?typeform-source=www.mortgagecollaborative.com

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") will host TMC Mortgage Tech Day on March 19, 2022, in conjunction with TMC's Winter Conference at the Fontainebleau Miami Beach.

Related link: https://www.mortgagecollaborative.com

Blockchain-based, AI-powered mortgage advisor Home Lending Pal raises $2.2M in pre-Series A round led by TMC Emerging Technology Fund LP

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace that focuses on fair lending practices by using artificial intelligence and distributed ledger technology to turn a complex home research and origination process into an easy online shopping experience for both qualified and unqualified borrowers.

Home Lending Pal's platform assists consumers, particularly minorities and millennials, to assess their financial ability to take on a mortgage. It also guides them to take actions to improve their access to mortgage financing and select mortgage originators with whom they want to share their application information based on an AI algorithm that predicts probability to close.

"TMC understands that progressive approaches to addressing fair lending and bridging the homeownership gap are needed, and the unique access the Fund provides to TMC's network of prominent industry lenders will be vital in helping Home Lending Pal build a process that de-identifies HMDA data until after the underwriting decision is made," Bryan Young, co-founder and CEO of Home Lending Pal, said. "This revolutionary technology allows underwriting data to be digitally validated while using a single upload of documentation to enable multiple lenders across the country to determine if they will work with the borrower without human biases from the upfront disclosure of age, sex or race."

"Financial inclusion must start with equal access, borrower data empowerment, and personalized education without sales pressure," said Steven Better, co-founder and COO of Home Lending Pal. "Home Lending Pal reduces origination friction for qualified borrowers and allows personalized roadmaps for unqualified borrowers to become qualified. I am excited to work with TMC to modernize the process by emphasizing fair lending and putting people first."

"The mortgage industry is embracing the idea of providing educational financial resources to consumers long before they begin their home buying journey and seek out lenders for financing options. Home Lending Pal exemplifies this concept by providing a much-needed solution to a pervasive issue," said Jonathan Freed, Managing Partner of Holland Mortgage Advisors and one of the Fund's participating Limited Partners. "We are excited by Home Lending Pal's cutting edge technology and the opportunity to collaborate with their forward-thinking team to improve access to home financing solutions by all consumers."

Orlando-based Angel Syndicate Bluewave Investment Partners, CMFG Ventures, Dallas Cowboys linebacker Jaylon Smith, and CMFG Ventures Discovery Fund are other notable investors who joined the round. Home Lending Pal has raised $3.5 million to date for its digital mortgage advising platform, powered by artificial intelligence and blockchain. Home Lending Pal will demonstrate the next phase to the Consumer Financial Protection Bureau (CFPB) in early September and release it to the public for consumer use and feedback by late September.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/.

The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently led a pre-Series A investment round in Home Lending Pal, a technology-enabled marketplace .

Related link: https://www.mortgagecollaborative.com

The Mortgage Collaborative’s Emerging Technology Fund Announces Investment in Maxwell

SAN DIEGO, Calif. /ScoopCloud/ -- The Mortgage Collaborative, the nation's largest independent cooperative network in the mortgage industry, announced today the first investment of its recently launched TMC Emerging Technology Fund LP ("TMC Fund"). The venture capital program is funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.

The investment is a participation in Maxwell's Series B Preferred Share financing which was led by Fin Venture Capital and TTV Capital. TMC's Executive Chairman, Jim Park, remarked that TMC was fortunate to be invited into this over-subscribed round because of Maxwell's recognition of the potential strategic value TMC's Emerging Tech Fund could bring to Maxwell, in addition to its financial investment.

"More than the financial investment, we're looking forward to the strategic value the TMC Emerging Tech Fund's limited partners will add to Maxwell as the mortgage industry evolves," said John Paasonen, Co-founder and CEO of Maxwell. "Their investment has brought forward-looking mortgage companies around the table who will accelerate the impact our solutions will have in the market."

There are several TMC Lender Members that are finding new ways to participate in the 'Power of the Network' through TMC's Tech Fund, including Owen Lee, Co-owner of Success Mortgage Partners. "What I find so unique about being a limited partner in TMC's Emerging Tech Fund, is the opportunity to control my own investment dollars," said Lee. "Maybe more importantly, since the future-state of the mortgage industry will include more technology and not less, this role helps me stay educated and prepared as a business operator for what is coming next in our industry."

The Fund Manager of the TMC Fund, Sandy Selman from Asia West Inc., commented: "This transaction is a terrific foundational investment for the TMC Fund because of the demonstrated commercial success of Maxwell, the high caliber of their management team, and the quality and breadth of the syndicate. It puts us on the map and creates the strategic context for our deal pipeline well into 2021. We look forward to working with the Maxwell team to help them realize their commercial goals."

TMC's Emerging Technology Fund is actively looking at investment opportunities that will result in higher profitability and business process improvements for TMC members.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nations' largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders throughout the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit www.mortgagecollaborative.com.

The Mortgage Collaborative, the nation's largest independent cooperative network in the mortgage industry, announced today the first investment of its recently launched TMC Emerging Technology Fund LP ("TMC Fund").

Related link: https://www.mortgagecollaborative.com