Figure now using OpenAI’s GPT to speed HELOC doc review process

When combined with a newly launched chatbot powered by Google Gemini, Figure says AI-powered doc review will save $8 million while raising customer satisfaction scores. Continue reading

Polly hiring after landing $25M in new equity funding led by 8VC

New funding will allow Polly’s product and engineering teams “to double down on new product innovation,” including a new AI platform that was in closed beta testing with a number of the nation’s largest mortgage lenders in May. Continue reading

Polly, nCino integration could help lenders build referral business

A growing network of partners including CoreLogic and Byte Software are accessing Polly’s capital markets platform and product and pricing engine through open APIs. Continue reading

Zillow now showing buyers how rate changes affect their options

Powered by mortgage rates from Zillow Home Loans, BuyAbility tool could help listing portal’s lending affiliate get a head start on other lenders it competes with for borrowers. Continue reading

Mortgage tech provider Polly launches new intelligence platform

Lender Intelligence harnesses advanced data science and machine learning tools to give lenders a holistic view of their business and the wider competitive landscape. Continue reading

FTC goes to court to stop ICE’s $11.7B Black Knight acquisition

Federal antitrust regulators are seeking a preliminary injunction to stop Intercontinental Exchange’s planned $11.7 billion acquisition of mortgage tech provider Black Knight from closing on April 28 — before an administrative hearing to determine its … Continue reading

Polly’s integration with Total Expert enables custom-rate flyers

New API integration allows lenders to generate tailored marketing materials that include rate, monthly payment and APR based on unique borrower details. Continue reading

Staircase automates underwriting of private mortgage insurance

MI Underwriting tool pulls documents and data directly from lenders, allowing mortgage insurers to make instant policy decisions at half the cost. Continue reading

Proptech investor Paul Hurst sees a ton of opportunity in market shift

The problems that proptechs are trying to solve — inefficiencies in real estate transactions — remain, said Parker89 Managing Director Paul Hurst, while speaking at Connect Now. Continue reading

Polly integrated with all 6 primary mortgage insurers

The ability to retrieve quotes from private mortgage insurers helps borrowers assess their options and streamlines the mortgage insurance process for lenders. Continue reading