In the heat of the homebuying season, multiple companies in the mortgage industry are rolling out new products to stand out from competitors.
LoanDepot
The following is a roundup of some other recent news from those looking to help lenders and consumers in different ways.
LoanLogics launches broker portal for income verification
LoanLogics, a provider of mortgage due diligence and automation solutions, launched the LoanBeam Broker Portal to give independent mortgage brokers access to automated income calculation technology.
The self-service platform, powered by ThoughtFocus, allows brokers to upload loan files and tax documents, submit bulk orders, process payments and track order status in real time. The system generates underwriter-ready income verification documents using standardized calculations, aiming to reduce manual work and errors.
The portal also allows brokers to submit additional documents if audit findings exist.
LoanLogics serves more than 700 clients, including 60% of the largest U.S. lenders, with more than half of all loans processed running through its technologies.
Age Safe America launches home safety assessment app
Age Safe America introduced a mobile app that assesses home safety for older adults and generates a standardized safety score. The app enables certified Age Safe specialists to conduct evaluations and provide homeowners with modification recommendations to support aging in place.
The technology addresses fall prevention and home safety concerns for seniors, potentially reducing the estimated $80 billion annual cost of fall-related injuries. The app creates consistent assessment standards across the industry and generates reports that homeowners can share with family members, healthcare providers and contractors.
The app is available for certified specialists.
Attom launches AI-powered automated valuation model
Attom launched an AI-powered automated valuation model that uses the company's 30-year property database. It enables more reliable valuations for underwriting, portfolio analysis, and risk management, particularly in markets where traditional AVMs struggle.
The model uses machine learning algorithms to analyze property characteristics, sales histories, tax assessments and market trends. Attom's database includes deed records, mortgage information, foreclosure data and neighborhood demographics.
Through testing across the past decade of residential sales, the AVM consistently delivered a median absolute percentage error of 2.9%, with more than 80% of valuations falling within 10% of the actual sale price.
CommLoan includes land, build-to-rent loan data
CommLoan, a commercial real estate lending intelligence platform, expanded its dataset to include land acquisition and build-to-rent financing data. The addition aims to help lenders identify market opportunities and assess competition in those segments more effectively.
The platform aggregates loan-level data from multiple sources to provide lenders with market intelligence on commercial real estate transactions. The new datasets cover land acquisition loans and build-to-rent construction financing, both growing segments in commercial real estate lending.
This new update will also make these types of transactions more streamlined for brokers, allowing them to capture opportunities directly within the CommLoan platform. Targeted lender distribution and faster feedback loops will allow brokers to move deals forward faster.
Ncontracts debuts AI compliance research tool
Ncontracts, a governance, risk and compliance software provider, released Nquiry, an AI tool designed to streamline regulatory research for financial institutions.
The platform aims to reduce time spent on compliance questions by providing cited answers to regulatory queries in minutes rather than hours. The system sources information from federal and state regulations, agency guidance and internal policies, delivering responses with specific citations to support audit trails.
"Compliance teams are stretched thin, often spending hours searching for answers across fragmented sources," said Michael Berman, Ncontracts CEO. "Nquiry changes that by delivering precise, cited answers in minutes, so teams can focus on strategy and risk management instead of manual research."
The tool integrates with Ncontracts' existing compliance management platform. Users can ask questions in natural language, and the system provides answers drawn from its regulatory database while maintaining documentation of sources. The company said the platform is designed to help compliance officers support multiple queries from business units while maintaining defensibility during examinations.
Savvymoney adds home equity tracking to credit tool
Savvymoney launched Home Value and Equity, a feature that integrates property wealth data into its credit score platform. The tool provides homeowners with estimated property values, equity positions and borrowing capacity alongside their credit scores.
The platform also provides access to education and resources that explain what home equity is and how it can be used, from financing a renovation to consolidating high-interest debt or planning for a major life expense.
Savvymoney said the feature addresses consumer demand for consolidated financial information. The company's platform is embedded in more than 1,600 financial institutions' digital banking environments.
Blend Labs opens platform to bank-built AI agents
Blend Labs launched Autopilot MCP, a server built on Model Context Protocol that allows financial institutions to build custom AI agents that integrate with its lending platform. The technology enables banks and credit unions to create AI tools that can access loan data, automate workflows and execute tasks within Blend's system without switching between applications.
The server provides lenders control over how AI agents interact with their lending operations while maintaining data security protocols. Financial institutions can deploy AI assistants to handle tasks such as pulling loan status updates, generating reports or managing application workflows.
The company said the technology addresses lender demand for AI solutions that integrate with existing systems rather than requiring staff to learn new standalone tools.
Class Valuation offers appraisal risk tool
Class Valuation launched Class Valuation Underwriting Engine, a platform designed to transfer appraisal repurchase risk from lenders to the company, while reducing underwriting workloads.
The Houston-based valuation management firm's platform uses proprietary data analytics to review appraisals before loan closing. CVUE identifies potential valuation issues that could trigger repurchase demands from Fannie Mae or Freddie Mac.
Lenders using the service receive protection against appraisal-related buyback requests. Class Valuation assumes financial responsibility if an appraisal it reviews later results in a repurchase demand due to valuation defects.
The platform aims to address lenders' concerns about representation and warranty frameworks that hold them liable for appraisal quality issues, even when using independent appraisers. By identifying problems before loan delivery, CVUE allows lenders to resolve valuation concerns earlier in the process.
First American adds AI assistant to title platform
First American Title Insurance, a subsidiary of First American Financial Corp., launched AgentNet Assist: Title Intelligence, an AI tool designed to reduce manual work for title and settlement professionals. The feature, integrated into the company's existing AgentNet platform, uses generative AI to help users navigate workflows, search for information and complete common tasks through natural language queries.
The tool aims to address time-consuming administrative processes that pull agents away from customer service. Users can ask questions about closing procedures, policy requirements or system functions and receive immediate responses without searching through documentation or contacting support.
The assistant is available to all AgentNet users at no additional cost.
Heasy releases mobile swipe app for homebuying
Heasy, a real estate technology company, launched a mobile app designed to streamline the home purchasing process for first-time and underserved buyers.
The app, Heasy – Home Buying Made Easy, provides educational content on mortgages, uses swipe-based interface popularized by modern dating apps to empower buyers to discover their dream home faster.
Users swipe right on homes they love and left on those they don't. The app learns each buyer's unique preferences, from architectural style, neighborhood vibe to school ratings, and delivers increasingly tailored matches over time.
HomeLight launches AI agent for real estate closings
HomeLight introduced an AI agent designed to automate real estate transaction closings. The real estate technology company's AI agent handles tasks including opening orders, ordering homeowners association documents, interfacing with lenders and wiring funds.
"We're deeply focused on building the tools and technology that solve the hardest problems facing agents, lenders, and escrow officers as they close transactions day-to-day. In many ways, EVA is just the beginning of us delivering on that process," said Drew Uher, founder and CEO of HomeLight.
HomeLight, founded in 2012, operates a platform that connects home buyers and sellers with real estate agents and provides transaction management tools.
CreditXpert debuts search tool for credit rescore strategies
CreditXpert introduced MortgageXperts, a search engine designed to help real estate professionals find mortgage loan officers who identify credit rescore strategies for borrowers who fall short of qualification requirements.
A borrower's credit score is often the difference between getting approved and getting turned away. Until the launch of MortgageXperts, real estate professionals haven't had an easy way to identify which mortgage partners are using credit optimization tools on behalf of their clients.
Real estate professionals can search for mortgage loan officers by location, licensed states, loan type, mortgage type and languages spoken. They can also search directly by name or NMLS ID to verify whether a current or prospective lending partner is already committed to optimizing borrower credit.
"Real estate professionals have been asking us for years how they can find mortgage partners who use our predictive analytics platform to help their borrowers," said Mike Darne, vice president of marketing at CreditXpert. "And with more than 50,000 mortgage professionals using CreditXpert, the network behind this platform is unlike anything else in the industry."
