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March 2024 ยป thefivestar.com 9 March 2024 M T E C H (ML)-powered technologies and services automate loan quality management pro- cesses, validate compliance and optimize human capital requirements for lenders, servicers, insurers, and investors. Base- Cap's validation technology helps busi- nesses overcome their data management and regulatory reporting challenges by rapidly identifying data inconsistencies, paving the way for swift resolutions and improved accountability and accuracy. "This partnership signifies a major step forward in the financial services industry's ability to tackle data-related challenges. From our inception, our mission has been to help businesses make better decisions by improving the data they rely on," said Steve Smith, CEO of BaseCap Analytics. "Being able to partner with LoanLogics, a leader in the mortgage space continues to help us drive that mission forward in a meaning- ful way." BETTER HOME & FINANCE POWERS VETERAN HOMEBUYING EXPERIENCE B etter Home & Finance Holding Company has launched Better Mortgage VA Loans, a fully digi- tal VA loan program available to eligible U.S. veterans, servicemembers, National Guard and Reserve members, and in some cases, veterans' spouses are able to qualify in all 50 states. The new offering allows qualified veterans to secure a home loan for up to 100% of their purchase price with no down payment requirement, improving the homeownership experience for indi- viduals who served their country. With Better Mortgage, Veterans can leverage a fully digital platform to achieve their homeownership dreams faster and easier than the traditional mortgage process. "Better has brought the traditional mortgage into the digital era, launch- ing our 1 Day Mortgage Product and funding over $100 billion of fully digital mortgages. With Better's VA Loans, we are opening the door for even more hard- working Americans who have served their country to achieve the American Dream of homeownership," said Vishal Garg, Founder & CEO of Better. Better's VA loan will have no mini- mum down payment requirement for qualified borrowers. Veterans can use a Better VA Loan to purchase a primary residence and will allow them to borrow up to 100% of the purchase price (depen- dent on available eligibility and borrower qualification). VA Loans are fully under- written to the investor criteria set forth by Better's investors and the VA. XACTUS ANNOUNCES APPRAISAL FIREWALLX X actus has announced that Ap- praisal FirewallX has met the requirements and is capable of fulfilling Fannie Mae property data col- lection orders. It is connecting mortgage lenders with vetted and trained property data collectors to deliver the value accep- tance + property data and hybrid apprais- al solutions. The company also supports Freddie Mac's ACE + PDR initiative. "At Xactus, we are focused on advanc- ing the modern mortgage and prepared for the future of appraisals," said Shelley Leonard, President of Xactus. "We believe that Fannie Mae's value acceptance + property data initiative as well as Freddie Mac's ACE + PDR program will produce a better, more streamlined process for lenders and consumers." Fannie Mae's appraisal moderniza- tion program is part of its ongoing efforts to modernize the mortgage industry. Upon submitting a subject property to Desktop Underwriter, the lender will