Ranlife Home Loans Inks 84 Month Contract With Dark Matter Technologies For Ai Powered Mortgage Origination Overhaul

October 23, 2024 03:00 AM PDT | By Send2Press

Google News:

Ranlife Home Loans Inks 84 Month Contract With Dark Matter Technologies For Ai Powered Mortgage Origination Overhaul — Image source: Send2Press

Recent News

Top NASDAQ Stocks NXP Semiconductors Shows Strong ROCE Growth

Exponent Inc Valuation Insights Relative to Nasdaq Composite

Nano-X Imaging Ltd Nasdaq Today Forecast Update

Casino Operator Stocks in the indexnasdaq ixic and Their Regulatory La...

JACKSONVILLE, Fla., Oct. 23, 2024 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology backed by time-tested loan origination software and leadership, today announced that RanLife Home Loans (RanLife) based in Sandy, Utah, has signed a seven-year agreement for the Empower® loan origination system (LOS) and additional Dark Matter technologies.

Image caption: Dark Matter Technologies.

RanLife is a full-service mortgage lender and servicer that prides itself on providing great customer service and competitive lending terms to keep customers ‘for life.’ Through its partnership with Dark Matter, RanLife will be using several products within the AIVA® suite of AI virtual assistants. AIVA solutions are specifically designed and bundled for mortgage origination, helping lenders harness the power of AI, business rules engines and machine learning (ML) to automate manual tasks, reduce cycle times and enhance efficiency in loan processing.

From the AIVA solution suite, RanLife will use AIVA ® Docs to automate document classification, data abstraction and data analysis; AIVA ® Assist Processing to expedite manual income verifications; and AIVA ® BI for reporting and analytics. In addition, RanLife will use the Empower Portals to provide real-time loan dashboards to borrowers, loan officers and brokers and will leverage Dark Matter’s integration with Optimal Blue to provide access to the Plano, Texas-based company’s market-leading product, pricing and eligibility (PPE) engine.

“RanLife has made an impressive commitment to serving customers for life while closing loans up to twice as fast as the competition,” said Dark Matter CEO Rich Gagliano. “Dark Matter is proud to support that goal by providing tools and technology that enable faster transactions and exceptional borrower experiences.”

“We are a mortgage company, and mortgages are what we do best. To take our business to the next level, we need a partner equally focused on technology — and especially AI, which I’m a big believer in — so we can grow together,” said Ty Burbidge, CEO of RanLife. “Our partnership with Dark Matter benefits everyone we do business with, from our employees in sales to our operations team and from our referral partners to our clients.”

About Dark Matter Technologies:

Operating with the nimble nature of a startup and the disciplined maturity of one of the industry’s leading providers, Dark Matter Technologies delivers cutting-edge technology, unparalleled automation and relentless innovation to leading mortgage lenders and companies nationwide. For more information, visit https://www.dmatter.com.

Tags: @dmattertech #fintech #financialservices #mortgage

LOGO Link for media: https://www.Send2Press.com/300dpi/23-0915-s2p-dark-matter-300dpi.jpg

News Source: Dark Matter Technologies

To view the original post, visit: https://www.send2press.com/wire/ranlife-home-loans-inks-84-month-contract-with-dark-matter-technologies-for-ai-powered-mortgage-origination-overhaul/.

This press release was issued by Send2Press® Newswire on behalf of the news source, who is solely responsible for its accuracy. www.send2press.com.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media LLC., having Delaware File No. 4697309 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.