Industry Briefs, Dec. 1, 2023

Nationwide Property & Appraisal Services Rolls Out BiasSHIELD

Nationwide Property & Appraisal Services, Voorhees, N.J., announced the launch of BiasSHIELD, an AI-driven process designed to combat bias in property valuations.

BiasSHEILD uses AI technology to detect issues such as unacceptable terminology and bias-inducing images. After the AI detection, the team performs manual review.

NPAS also pointed to its use of bias training and panel management to help combat issues in valuations.

Dark Matter Announces New Contract With Publix Employees Federal Credit Union

Dark Matter Technologies, Jacksonville, Fla., announced a contract with Publix Employees Federal Credit Union, Lakeland, Fla.

It is the first signed contract under Dark Matter’s new corporate structure.

PEFCU will use Dark Matter’s Empower Loan Origination platform.

LenderLogix Selected by Encompass Lending Group

LenderLogix, Buffalo, N.Y., announced that Encompass Lending Group, Katy, Texas, has chosen its products.

Encompass will use its point-of-sale platform LiteSpeed and loan origination system QuickQual.

“We understand every borrower is different. Our services are custom tailored to every borrower, and we thought our technology should reflect that,” said Encompass Lending Group’s Paul Marsh, EVP of National Sales. “QuickQual and LiteSpeed enable us to deliver a highly engaging experience for our borrowers from the early stages of the relationship, which helps us increase our conversion rates and provides a tremendous boost to our sales team’s efforts.”