Industry Briefs, Oct. 10, 2025
(Image courtesy of Markus Winkler via pexels.com)
TRUE, Candor Team on Instant Income Solution
TRUE, Forest Hills, N.Y., and Candor Technology, Alpharetta, Ga., have launched Instant Income Clarity, a solution to deliver verified, GSE-aligned income clarity in minutes and make it accessible to loan officers and branch teams, not just underwriters.
The jointly developed solution combines TRUE’s Background AI workers with Candor’s decisioning engine.
Instant Income Clarity refreshes results as new borrower documents arrive with no manual reruns and supports a wide range of income types, including W-2, self-employed, commission, rental and retirement. Underwriters still maintain oversight and make complex calls, but the tool provides routine analysis.
Click here for more information
nCino Deepens AI-Driven Features
nCino, Wilmington, N.C., rolled out a new wave of mortgage-focused AI innovations, building on its spring release of Mortgage Advisor and Document Validation.
The newest capabilities include AUS Smart Tasks, which uses AI to interpret automated underwriting findings into a plain-language summary and next steps. There’s also Refi Opportunity Analyzer, created to help lenders capture more revenue from their existing portfolios.
nCino has expanded two capabilities first introduced in May. Mortgage Advisor was originally launched to support borrowers during post-application document validation; it now offers guidance from application through closing. And, Doc Validation, which was first introduced to ensure borrowers submitted the correct document type, now has full document intelligence to validate names, page counts, expiration dates and more.
Click here for more information
Sagent Rolls Out Dara Invoice
Sagent, King of Prussia, Pa., launched Dara Invoice, designed to eliminate the error-prone manual process used by servicers to manage invoices related to mortgages in default.
Dara Invoice simplifies the management of invoices between servicers and their partners for default counsel, title, property preservation and other providers. It enables anytime audits, flexible reporting and rules-based actions.
Servicers using any servicing system of record can use the standalone version of Dara Invoice.
Click here for more information
Dark Matter Technologies Integrates Polly’s PPE Engine Into Empower LOS
Dark Matter Technologies, Jacksonville, Fla., announced the integration of its Empower LOS with the Polly, San Francisco, PPE engine.
The integration allows lenders to access Polly’s price optimization and automated lock functionality within the Empower LOS workflow.
The integration will be available to Empower LOS clients starting mid-October.
Click here for more information
Argyle-LenderLogix Integration Selected by Peak Residential
LenderLogix, Buffalo, N.Y., announced that Peak Residential Lending, Gilbert, Ariz., has adopted LenderLogix’s LiteSpeed integration with Argyle, New York, to deliver verification of assets directly at point of sale.
LiteSpeed is the first POS to offer VOA through Argyle’s verification platform.
With the integration, Peak’s loan teams can access structured, verified data from the start of the application process. It enables lenders to qualify for rep and warrant relief on validated components under Fannie Mae’s Day 1 Certainty program and Freddie Mac’s Asset and Income Modeler capability in Loan Product Advisor.
Click here for more information
Enact Holdings Closes New Credit Facility
Enact Holdings, Raleigh, N.C., announced it has entered into a new $435 million five-year senior unsecured revolving credit facility, effective Sept. 30.
The credit facility replaces the previous $200 million senior unsecured revolving credit facility.
Borrowers under the credit facility will accrue interest at a floating rate tied to a standard short-term borrowing index plus an applicable margin that is determined by the company’s credit ratings and as of the announcement stands at 125 basis points. The company may use any future borrowings under the Credit Facility for working capital needs and general corporate purposes.
The Credit Facility was entered into with a syndicate of eight banks, with JPMorgan Chase Bank serving as Administrative Agent and Joint Lead Arranger, and Truist Securities, Inc. as Joint Lead Arranger.
Click here for more information
