Industry Briefs, May 14, 2025
(Image courtesy of Markus Winkler via pexels.com)
Auction.com Partners With Offerpad
Auction.com, Irvine, Calf., partnered with Offerpad, Chandler, Ariz. As part of the collaboration, Offerpad’s Renovate division will become a preferred partner of renovation services for buyers, complementing Auction.com’s marketplace scale with Offerpad’s renovation expertise.
The partnership will enable buyers to more easily transform acquired properties into high-quality, move-in ready homes.
Also, Auction.com’s SmartSale platform will extend Offerpad’s offer capability.
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Tavant Rolls Out AIgnite AI Accelerator Suite
Tavant, Santa Clara, Calif., announced its new AIgnite AI Accelerator Suite, designed to help enterprises unlock the value from GenAI-powered IT automation, data transformation and creation and adoption of intelligent applications and AI agents.
It enables comprehensive AI-powered automation and digital transformation, spanning end-to-end software development lifecycle, application and production support, IT infrastructure management, data platform development and AI and AI Agent-powered intelligent application solutions.
The company is also launching its first wave of industry-specific AI Agents for Manufacturing-Service Lifecycle Management, Lending-Loan Origination and Servicing and Agents for the Agricultural and Food value chain.
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Optimal Blue Announces Originator Assistant
Optimal Blue, Plano, Texas, announced the general availability of Originator Assistant, an addition to the Optimal Blue PPE. It leverages generative AI to eliminate human bias in the loan structuring process and help originators identify all options for a borrower.
The tool automatically detects pricing breakpoints and suggests opportunities for more strategic loan discussions, saving loan officers time and eliminating manual work. It evaluates loan options based on different parameters while searching for pricing incentives or opportunities for adjustments. It can be combined with the Scenario Optimizer, enabling side-by-side comparisons.
Optimal Blue also announced the beta release of enhanced Lock Extensions workflows, a feature to give lenders greater control, automation and flexibility over lock extension policy management.
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Argyle Integrates With Tidalwave
Argyle, New York, has integrated with Tidalwave, New York, embedding Argyle’s verification of income and employment solution directly into Tidalwave’s borrower workflow.
The partnership will help eliminate manual steps and accelerate loan origination.
Borrowers can connect their payroll provider and verify income and employment data within Tidalwave’s Form 1003 application process. Loan officers can see verification status in real time and request VOIE at any stage of the loan lifecycle.
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LERETA, Sagent Team
LERETA, Pomona, Calif., announced a strategic partnership with Sagent, King of Prussia, Pa., to integrate its tax and flood services into Sagent’s tech stack.
LERETA will integrate with Sagent’s Partner Program, which streamlines operations by connecting servicers to a compatible provider. It will allow servicers to receive automated access to real-time data, tax monitoring, payment processing and flood zone determination services.
And, Sagent’s customers will be able to better optimize their operations and protect homeowners from the risks associated with tax delinquencies and flood hazards.
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Prudent AI Launches Prudent AI Upfront
Prudent AI, Dover, Del., announced the launch of Prudent AI Upfront, a one-touch pre-qualification platform to revolutionize lender sales funnels. It enables lenders to process more applications and reduce fallout.
Prudent AI pointed to three features to boost sales funnel efficiency, including 24/7 document submissions, being able to evaluate borrower repayment ability at a glance and real-time insights.
It particularly can be useful with self-employed borrowers, which Prudent AI called “traditionally an underserved yet highly creditworthy market segment.”
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Achieve Selects FICO Score 10 T
FICO, Bozeman, Mont., announced that Achieve, Tempe, Ariz., selected FICO Score 10 T for its personal loan marketplace lending platform.
Achieve’s pre-implementation testing has shown a meaningful reduction in delinquency rates while expanding access to more borrowers, the companies said.
FICO Score 10 T incorporates trended credit data to offer a comprehensive view of borrower behavior.
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