has been moving toward an ambitious goal: simplify the mortgage-application process to the point that prospective buyers can find out whether they qualify for a home loan, and how much they can borrow, nearly instantaneously.
"Because our system is intelligent and we help eliminate a lot of the types of documents that were historically needed by using data instead, the process is lower friction, lower cost as well for the lender," founder and CEO Nima Ghamsari told Business Insider. They're getting closer to making the single-tap experience a reality. The company told Business Insider that it's actively developing a one-tap solution with a couple clients, and a rollout could be deployed in the next year or two.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix isn't concerned about lower prices as Disney streaming starts, except in one huge marketNetflix raised its prices on plans in the U.S. and announced intentions to do the same in other countries. But In India the streaming service is lowering its prices as it looks to add more subscribers in a country that has 460 million internet users.
Source: CNBC - 🏆 12. / 72 Read more »
IPO market faces biggest week of 2019 so far with Pinterest, Zoom and Greenlane on tapThe initial public market is bracing for its biggest week of the year so far with eight deals on tap expected to raise $2.5 billion in proceeds.
Source: MarketWatch - 🏆 3. / 97 Read more »
Dow gains more than 200 points as Disney, JPMorgan jump, healthy bank earnings buoy broader marketU.S. stocks rise Friday after a series of strong bank earnings, led by JPMorgan, boosted confidence in the U.S. economy while the Dow gained more than 200... What might be the likely factors for this?
Source: MarketWatch - 🏆 3. / 97 Read more »
Volkswagen hints it could jump back into the steaming hot US pickup marketAmong Volkswagen's new offerings at this week's New York International Auto Show, plenty of attention will likely be focused on one dubbed the Tarok.
Source: CNBC - 🏆 12. / 72 Read more »
MarketAxess just released a key tool for improving how fixed-income ETFs are built, and it could lead to further automation in the marketThe electronic marketplace for corporate bonds has created five indexes to help participants find liquidity.
Source: BusinessInsider - 🏆 729. / 51 Read more »