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February 2024 » thefivestar.com 5 February 2024 M T E C H BLUE SAGE SOLUTIONS UNVEILS NEW DIGITAL SERVICING PLATFORM B lue Sage Solutions announced the launch of the Blue Sage Digi- tal Servicing Platform (DSP), en- abling lenders to utilize a fully integrated platform covering the entire mortgage lifecycle. The initial version of the system includes all necessary functions to perform interim servicing, with full-scale servicing functionality to follow. "We are thrilled to introduce a truly innovative, digital, cloud-built servicing platform that we expect will transform mortgage servicing operations as we know it," said Carmine Cacciavillani, Founder and Chairman of Blue Sage Solutions. "This groundbreaking achievement personifies our commit- ment to driving innovation and efficien- cy—not only within the loan production process but throughout the entire mortgage lifecycle." The Blue Sage DSP revolutionizes mortgage operations through API-based technology that merges loan origination and servicing functions seamlessly and is fully compliant. The platform is not only for users of the Blue Sage Digital Lend- ing platform, the company's end-to-end, cloud-based loan origination system. All lenders, regardless of their cur- rent LOS, can use it to automate closed loan transfers, process individual and batch payments, onboard loans, collect payments, and more. The Digital Servicing Platform modernizes servicing operations, reduces costs, and enhances borrower retention. Utilizing the same technology and ar- chitecture as all Blue Sage offerings, the platform offers a modern, user-friendly system accessible via any browser, en- abling an optimized borrower and lender experience. The full servicing version of the Blue Sage Digital Servicing Platform will include expanded functionality such as investor reporting and default manage- ment, providing lenders and servicers with a continually evolving platform ca- pable of adapting to their growing needs and industry demands. RADIAN ANNOUNCES INVESTMENT IN FINLOCKER TO EMPOWER HOMEOWNERSHIP R adian Group Inc. announced that it has made a strategic in- vestment in FinLocker, a person- al financial fitness and homeownership tool. By leveraging advanced technology, FinLocker aggregates and analyzes a consumer's financial data, offering personalized paths to mortgage eligibility and other financial transactions. The investment aligns with Radian's commitment to ensuring the American dream of homeownership responsibly and sustainably through products and services that span the mortgage and real estate spectrum, while also deepening relationships with its customers by introducing them to unique and relevant solutions to help build their businesses. FinLocker and Radian's homegenius business share a strategic focus on creating a personalized and data-driven experience for homebuyers and sellers, and all the professionals who guide them to success in their homeownership journey. FinLocker's customers primarily include mortgage lenders, banks, credit unions, and other financial service pro- viders, which private-label the FinLocker tool with their brand to generate and nurture leads, stay meaningfully engaged with consumers throughout their homeownership journey, streamline the mortgage loan process, and cross-sell products to create customers for life. "Radian and homegenius relent- lessly seek to make homeownership more easily achievable and to help our business partners accomplish that goal more efficiently. FinLocker also does both of those things," said Rick Thorn- berry, CEO of Radian. "As we continue to help redefine the homebuying process, we are delighted to invest in innovative companies such as FinLocker, which are leading the way." The platform also offers mortgage and financial education, credit score monitoring, credit report access, and tools to improve credit, pay down debt, save for a down payment, track progress toward mortgage eligibility, and initiate real estate searches. Importantly, con- sumers have complete control over the financial data they share with lenders for loan decision-making, enhancing privacy and security. "We see great potential in FinLock- er's business, both in its mission and its customer-driven approach, and together we can make homeownership more ac- cessible," said Eric Ray, Senior Executive VP, Chief Digital Officer, and Co-Head of homegenius. "We are excited about this investment and the opportunity to offer FinLocker's services to both Radian and homegenius customers." "This collaboration with Radian marks a significant milestone in our mission to empower the next generation of mortgage advisors," said Brian Vieaux, President and COO of FinLocker. "Our partnership will enhance our capabilities as a trusted source of financial prepara- tion, paving the way for aspiring home- buyers to make informed decisions along their homeownership journey." "Radian is a leader in the mortgage and real estate services industry, and we are thrilled by its support of FinLocker's unique business offering and execution," said Henry Cason, CEO of FinLocker. "We look forward to working with Radian on the next phase of our development and remain committed to our shared goal of helping people realize the dream of afford- able and sustainable homeownership." OPTIMAL BLUE PPE NOW AVAILABLE IN NATIVE MOBILE APP O ptimal Blue announced the release of its native mobile app for the Optimal Blue PPE. The announcement consists of a new mobile