CoreLogic announced Wednesday the launch of a platform that meshes both its capabilities and Roostify's, a fintech company that was
The product, dubbed Digital Mortgage Platform, integrates CoreLogic's borrower income analysis and property data with Roostify's point-of-sales platform. CoreLogic demonstrated the platform's prowess at the
The platform makes it easy for loan officers to pull "crucial information about borrowers and properties at the outset of the [homebuying] process," said CoreLogic in a press release.
"By harnessing our industry-leading data and workflow solutions, we have taken the first step toward creating an all-in-one platform that transforms the mortgage process, benefiting both borrowers and loan officers," said Bob Jennings, executive of collateral and risk solution at CoreLogic, in a press release. "These integrations are just the beginning, as we continue developing and introducing new features to provide lenders with a completely new and integrated mortgage experience."
Weaving business intelligence into the origination process could be the key in helping mortgage companies identify costly errors during the first stage of the homebuying process, CoreLogic previously stated.
Before
Apart from its acquisition of the fintech company, CoreLogic has bought multiple real estate-related businesses in the last three years, including Next Gear Solutions, Prospects Software and
Offering an end-to-end digital experience has been a stated goal of lenders and fintechs for many years, but that promise has fallen short for many consumers who are still regularly
Nonetheless, borrowers continue to crave a more personalized and streamlined mortgage experience, a