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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 6 November 2023 M T E C H tionships allow for more flexibility and customization to serve individual needs. » The firm also offers embedded insur- ance plans making it easy for mortgage/ auto dealer customers to quickly purchase a policy to cover a new home or car. » The company has a highly respon- sive team of "live" professionals who are accessible to answer questions in real-time. PATH SOFTWARE PARTNERS WITH PPDOCS TO STREAMLINE MORTGAGE DOCUMENT PREPARATION P ath Software, a provider of loan origination software, announced a strategic partnership with PPDocs, a provider of comprehen- sive mortgage document preparation solutions. Through this partnership, Path Software lenders using either Path Enterprise or Path Direct can now lever- age PPDocs' industry-leading document preparation services directly within their LOS, streamlining the loan origination process. With the integration, lenders can eliminate the need for manual data entry and streamline the document generation and ordering process, resulting in signif- icant time savings and a reduction in po- tential errors. In addition, PPDocs' loan documentation system will automatically check for compliance throughout the loan process to further mitigate risk. "We are excited to bring solutions to even more mortgage professionals through our partnership with Path Software," said Jerry Bribiesca, Director of Information Technology of PPDocs. "By integrating our services into the Path Software platform, we can further sup- port the industry's growth and provide added efficiency and accuracy to the loan origination process." "At Path Software, we understand the importance of providing our clients with robust tools and services that help them manage costs, increase efficien- cy, and streamline their workflows to help facilitate swift and effortless loan closures," said Joy Ziminskas, Director of Business Development of Path Software. "This strategic partnership with PPDocs allows us to offer our clients a powerful and efficient document preparation solu- tion directly within the Path Software platform." TAVANT LAUNCHES DATA-DRIVEN ECOSYSTEM BUILT FOR FINTECHS AND FINANCIAL INSTITUTIONS T avant, a digital lending solutions provider, announced the launch of Data Beats, a data platform that aims to redefine the financial ser- vices landscape. This platform empowers businesses to harness the power of their data and maximize its value, working to take the stress out of data management. Key benefits of Data Beats include: » Provides actionable data insights that work for your business » Analyzes data from various aspects of your operations » Adapts and learns from your data to provide real-time recommendations » Looks into the future, learns, and predicts trends Data Beats is a platform offering within Tavant's banking and financial services suite of technology products. Data Beats is set to serve as the analytics and IoT engine for the financial services industry, initially focusing on mortgage and home equity products. Tavant plans to extend this robust data ecosystem to all consumer loans and banking prod- ucts, making it a comprehensive solution for financial institutions. With Data Beats, Tavant empowers financial institutions towards proactive rather than reactive operations by incor- porating generative AI (Artificial Intelli- gence) to prompt users on the best course of action. This revolutionary approach allows the platform to offer precise "At Path Software, we understand the importance of providing our clients with robust tools and services that help them manage costs, increase efficiency, and streamline their workflows to help facilitate swift and effortless loan closures." —Joy Ziminskas, Director of Business Development, Path Software