Pittsburgh-headquartered, EXOS Technologies, a ServiceLink company providing cloud-based digital technologies to the mortgage industry, is partnering with California-based digital technologies and solutions company Tavant to amplify its digital strategy.
Through this partnership, Tavant's AI-powered digital lending platform – VΞLOX, which has processed more than 4 million digital mortgage transactions, is integrating with EXOS Title, EXOS Valuations, and EXOS Close.
"EXOS is an innovative industry platform that enhances the consumer experience through key touch points that are often overlooked in the digitization of the origination process," said Kiran Vattem, Chief Digital and Technology Officer at ServiceLink. "We're confident that EXOS will be a great addition to Tavant's robust package of products."
EXOS said that it offers transparency into the mortgage origination process through a focus on critical digital consumer touchpoints. The integration of cutting-edge technology and self-serve capabilities has resulted in a reduction in title and appraisal turn times and an increase in operational efficiencies and consumer satisfaction.
"This partnership rounds out our offerings. It brings together the greatest technologies the mortgage industry has to offer," said Hassan Rashid, Chief Revenue Officer for Tavant. "Scheduling appraisals on the front-end makes it more easily accessible and we are eager to see the value that EXOS provides to that platform and the entire loan intake process."
Tavant, which provides solutions for every stakeholder in the lending life cycle, will use EXOS to support its first mortgage and home equity lines of business. Tavant VΞLOX is an AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle.
EXOS products include Title, Appraisal, Closing and Servicing – extending and enhancing critical consumer digital touchpoints throughout the entire mortgage lending life cycle.