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ServiceLink, a valuation, title, closing and flood services provider, has integrated its systems with Roostify's automated lending technology.
A new partnership between ServiceLink, a provider of mortgage transaction services, and Roostify, an automated lending technology provider and HousingWire 2017 Tech 100 winner, further automates the origination process, now bringing settlement services into the digital mix.
Everyone, including the financial services industry itself, anticipated that business-to-consumer "fintech" disruptors would singularly redefine how consumers obtain a mortgage, similar to what Silicon Valley did for ride hailing and personal tax filing. Well, we're still waiting.
How many fintechs can boast of having more external developers working on its platform than in-house talent? That’s the happy situation Roostify finds itself in.
Roostify, a provider of automated lending technology, has passed a significant technical and business milestone, with the number of external developers working on the platform through the API now outnumbering the company’s in-house engineers.
If you can manage numerous accounts online without ever having to sit down for a face-to-face conversation with another human, why is the process of getting a mortgage so different?
Financial Resources Federal Credit Union in the US state of New Jersey has implemented Roostify’s mortgage technology platform.
The Forbes Cloud 100 recognizes the hottest companies in tech's hottest sector, cloud computing. These 20 Rising Stars represent the best of the next generation nipping at their heels.
Corporate One FCU has partnered with Roostify in an attempt to provide credit unions and credit union service organizations with a streamlined, digital mortgage platform.
Resource Financial Services, an independently owned full-service mortgage company serving the southeast, launched a new online mortgage experience with help from Roostify.
The 2017 Rising Stars represent the best young leaders in the mortgage industry – in lending, servicing, investing and real estate.
One area that until recently had received little attention was the mortgage application process, but Roostify is changing that, cofounder and CEO Rajesh Bhat said. The average home loan takes more than 40 days to close and can cost banks as much as $8,000 because most of the process is offline, leading to multiple phone calls, meetings, faxes and letters.
Roostify has its roots in the frustrating process of buying a home. CEO and co-founder Rajesh Bhat moved to the Bay Area with his wife and was shocked by the complexity that surrounded the mortgage and lending process
As banks consider how to deliver a mortgage product via mobile devices, they are seeing it as an opportunity to build a whole new experience, rather than just recreating what they already offer online.
Although mortgage lending has been trending toward non-bank lenders as of late, according to Fitch Ratings, that period could be coming to an end. In the long term, the ratings agency reported, it will likely be large banks that have the upper hand.