FundMore.ai Inc and Filogix partner to create a better digital mortgage experience
Fundmore.ai Inc., an award-winning mortgage underwriting software company, is pleased to announce that it has partnered with Filogix, a Finastra company, to offer an advanced software suite of products for the Canadian mortgage lending industry.
Fundmore.ai™ a comprehensive automated LOS (Loan Origination System) utilizes machine learning to streamline funding, underwrite risk, improve efficiency through analytics, and greatly improve the success and speed of the workflow and underwriting process for mortgages.
Latest Fintech News: Discover Unveils New Cashback Debit Account
Through this partnership, Filogix and FundMore.ai Inc have combined their offerings to give partner lenders of all sizes, brokers, and the growing intermediary digital mortgage platforms an advantage in the current marketplace where digital and transformational capabilities are increasingly in demand.
“The FundMore partnership allows us to continue supporting the digital transformation for our lending partners,” said Jerry L. Lo, Vice President, Filogix. “For us, FundMore will not only enable us to deliver an exceptional client experience but their products and services will also enhance our competitiveness in solving for the increased demand for cutting-edge solutions to current inefficient mortgage processes.”
Latest Fintech News: CAIS Announces $100 Million Investment from Reverence Capital Partners
“Our award-winning platform will help Filogix exceed the digital-first expectations of lenders and consumers. Consumers continue to expect the mortgage experience to be as easy as shopping online,” said Chris Grimes, FundMore.ai Inc CEO. “Not only that, but underwriting is now a one-day process, and lenders of all stripes should be rethinking their legacy systems for this industry paradigm shift. In this sense, our partnership with Filogix will give the Canadian market a next-generation solution that lenders are looking for.”
Through its innovative architecture, FundMore.ai™ will enable Filogix to replace its existing Filogix Exchange and Filogix Express products with award-winning AI and document management systems.
Latest Fintech News: Binance.US Valued at $4.5 Billion in Seed Round
[To share your insights with us, please write to sghosh@martechseries.com]
