Xactus Announces Integration with ACES Quality ManagementĀ®

Xactus, aĀ leading verification innovator for the mortgage industry, announced that it is now integrated with ACES Quality Management. ACES Quality Management and ControlĀ®Ā software helps lending institutions achieve audit efficiency across their mortgage origination, consumer lending, loan servicing and specialty lending activities. With the addition of Xactus to ACESā€™ network of integrated third-party verification service providers, lenders can order, track and receive Xactus re-verification documents directly within the ACES Quality Management & Control platform to streamline...

TidalWave & Freddie Mac to optimize lender and borrower engagement

TidalWave, a leading innovator in the financial technology sector, is proud to announce that its purposely built AI copilot engine SOLOā„¢Ā is now integrated with Loan Product AdvisorĀ®Ā (LPAā„ ), Freddie Mac’s automated underwriting system (AUS). Through this integration,Ā SOLOā„¢Ā now has the capability to obtain a real-time LPA assessment, helping lenders to better guide their borrowers through the mortgage application process, starting from pre-approval, and to streamline their loan approval process. TidalWave’s SOLOā„¢Ā is designed to be highly flexible, accommodating...

Numerated, Validis to Expand Footprint in Lending & Financial Analysis

Numerated, a leading fintech providing modular commercial lending solutions, is excited to announce a strategic partnership with on-demand accounting data provider Validis. This collaboration will provide lenders with the same intuitive experience now with expanded data sets, stronger financial analysis capabilities and the highest quality credit decisions. Key Highlights of the Partnership: Enhanced Risk Mitigation: The partnership will significantly expand Numerated’s data coverage, enabling more comprehensive and accurate financial analysis and risk mitigation. Advanced Analytics:...

Nova Credit Appoints Nichole Mustard to Its Board of Directors

Nova Credit, the credit infrastructure and analytics company that enables businesses to grow responsibly with alternative credit data, has announced the appointment of Nichole Mustard, co-founder and former Chief Revenue Officer of Credit Karma, to its board of directors. Having co-founded Credit Karma, one of the leading credit insights providers, Nichole is an industry titan, whose work in scaling the company gave it a platform to provide millions of Americans with a deeper understanding of...

Lloyds Bank and Oaktree to Launch a New Direct Lending Facility

Lloyds Bank and Oaktree Capital Management, L.P. have announced a strategic partnership (the ā€œPartnershipā€) to support UK middle-market sponsor-backed borrowers. Lloyds Bank Structured Debt Finance team will partner with Oaktreeā€™s European Private Debt platform to provide clients with a comprehensive senior debt solution for new buyouts and refinancings with term debt, acquisition and working capital facilities in addition to agency and full ancillary product services. Building on Lloyds Bankā€™s 20-plus-year track record supporting sponsor-backed UK...

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