This partnership introduces a package of Touchless Lending Automation designed to facilitate the lender’s aggressive growth plans for 2023.
SANTA CLARA, Calif., January 19, 2023–(GOOD BUSINESS)–Tavant, a Silicon Valley provider of technology-driven lending solutions for more than 20 years, and Revolution Mortgage, a nationwide residential mortgage lender, announced today that they have partnered to combine the digital mortgage experience a Revolution and Tavant’s Contactless credit® condition. This partnership will demonstrate the implementation of Touchless Lending Automation, starting with the Analysis of Decisions, followed by Documentation, Credit, and Payments in early 2023.
“As we get closer to the beginning, it is clear to us that the Analysis of Decisions is more than just a tool for the underwriters and the efficient control. the market when conditions change,” the said Tony Grothouse, CEO of Revolution Mortgage. “We have strong growth plans for Revolution for 2023, and this technology is the type of development and quality we need to expand and provide quality assets to the secondary market.”
No-Touch End-to-End Surveys allow Revolution Mortgage to automate and streamline its underwriting and application processes, and improve improve the borrower’s experience. This special product allows lenders to optimize the origination and processing of loans by evaluating Multi-AUS (Automated Underwriting Systems) responses and comparing them with specific loan information and Investor guidelines. provide many options to improve operational performance, including cost optimization and reduced processing times, among other possible methods. Search Results can be integrated with any ecosystem and provide a seamless experience in the process mortgage brokers for Lenders, Loan Officers, Underwriters, and Financial Marketers.
“Loan transactions, especially in the residential mortgage space, are not just between borrowers and lenders. Rather, there are many other elements in the mix,” said Mohammad Rashid, Head of Fintech Innovation at Tavant. “Therefore, more than just one source of truth – one lending connection for the lender and the borrower – is needed to make any digital signage out there in the marketing is literally digital and automated. We are sure that Touchless Lending is the truth and investing in the whole structure will give the best results, and after we install it Documents, Loans, and Payments for Revolution Mortgage, our partner will confirm that.
As of today, Revolution Mortgage is already using Tavant’s Decision Analysis solution in production. This is the first step in the nationwide residential mortgage company’s merger with Touchless Lending, which will showcase the performance of Su Background checks, Credit checks, and Bond checks will begin in early 2023.
As a leading Fintech software and solutions provider for more than 20 years, Tavant looks closely at the needs of customers and adapts accordingly to provide appropriate solutions. Tavant’s Contactless credit® integrated products, which include Credit and Collateral Analysis, increase the implementation of basic information to solve even the most complex challenges with borrowers.
About Tavant
Headquarters in Santa Clara, Calif., Tavant is a software and solutions company that provides practical solutions to its clients in North America, Europe, and Asia Pacific. Tavant’s growing customer base accounts for one in three loans in the United States. Founded in 2000, the company employs more than 3,000 people and is a highly skilled workforce. Tavant has built an AI-powered smart credit infrastructure by re-imagining customer data, empowering operations, and improving more collaboration.
Find Tavant above LinkedIn and Twitter.
About the Mortgage Revolution
Revolution Mortgage is a national lender that offers low rates and fees for refinancing and home purchases. We use technology to make the loan process more efficient to give you a lower cost, faster closing, and a brand that’s truly amazing. Based in Columbus, Ohio, we have brick-and-mortar offices across the country, and a corporate credit card with extensive credit experience in on the internet. We offer a variety of special loans to suit different needs.
See source information on businesswire.com: https://www.businesswire.com/news/home/20230119005335/en/
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Adrian Morales
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