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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 10 August 2023 M T E C H Adults Aging in Place." Spurred in part by regulatory changes during the pandemic, there has been signif- icant growth in the use of in-home devices that allow caregivers and healthcare provid- ers to monitor and respond to changes in health measures. In combination with other smart home technologies, this monitoring technology can help people be active longer, remain socially connected, and live inde- pendently for years. However, three factors limit their effec- tiveness. First, they may not be helpful if the people using them live in physically inade- quate housing, housing that does not meet accessibility needs, or that is unaffordable, conditions that affect millions of older adults and especially people of color, those with low incomes, and renters. Second, the monitoring technologies could be so intrusive they change the positive feelings of safety and security that people often have about their homes into negative reminders of illness and frailty. Third, digital devices may extend how long people stay in their homes at the expense of burdensome care typically provided by family members and other unpaid caregivers. For these reasons, it is critical that those developing new technologies "see the home as more than a box in which care and sup- port occurs." Moreover, the introduction of new technologies should be accompanied by efforts to ensure that all older adults have access to housing that is safe, accessible, and affordable. ARC HOME LAUNCHES TAVANT'S TOUCHLESS LENDING PLATFORM TO EXPAND WHOLESALE OPERATIONS T avant recently announced Arc Home LLC has successfully launched a new Broker platform: SPARC 2.0. Leveraging Tavant's Touchless Lending Broker Experience platform, Arc Home now provides a fully automated, frictionless expe- rience for its broker clients and the lending tools they need to be self-sufficient and effec- tively satisfy borrower expectations. "At Arc Home, we have aggressive plans to accelerate growth in our Wholesale Lend- ing channel, and our partnership with Tavant to enhance our new broker platform has put us on the right trajectory towards accom- plishing these goals," said Nazim Ahmed, CIO of Arc Home. "Brokers require and deserve an excellent service experience and need partners that enable them to operate with speed and efficiency. Today's brokers have a different mindset—they not only understand technology but also embrace and demand it, which translates to a better expe- rience for both the broker and the borrower. Tavant is equally committed to our success, and we consider them an extension of our team. Together, we have taken great strides to advance our digital lending capabilities, enabling brokers to operate quickly and efficiently while effectively managing their entire loan pipeline." Arc Home provides a full assortment of proprietary non-QM and non-Agency mort- gage solutions and products, filling a market void where borrowers may not be able to obtain traditional agency loans. Arc Home partnered with Tavant to accelerate its digital transformation strategy and has successfully deployed Touchless Lending to supplement its SPARC 2.0 broker portal. This enables Arc Home to provide a fully automated lending process, including integrated third-party services and data-driv- en processes to ensure a more intuitive experience for brokers, boosting productivity and reducing loan cycle times. "Our goal is to enable organizations, like Arc Home, to thrive in the wholesale busi- ness," said Hassan Rashid, Chief Revenue Officer at Tavant. "Our Touchless Lending platform alleviates several broker-specific challenges and improves its overall borrower experience, enabling Arc Home to continue its rapid expansion while helping brokers reduce turnaround times for closing loans." SNAPDOCS LAUNCHES INTEGRATION TO STREAMLINE COORDINATION BETWEEN MORTGAGE LENDERS, SETTLEMENT COMPANIES S napdocs has launched Connected Closings, an integration between the Snapdocs Digital Closing and Notary