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5 August 2024 M T E C H CLEAR CAPITAL PARTNERS WITH DARK MATTER TECHNOLOGIES C lear Capital, a real estate valu- ation technology company, has partnered with Dark Matter Technologies, a mortgage technology company backed by loan origination soft- ware and leadership. Through this part- nership, mortgage lenders and servicers using the Exchange℠ Service Network, an API marketplace that connects more than 16,000 service providers with the Empower loan origination system (LOS) and other systems of record, will have access to a broad range of Clear Capital products and services. This includes ClearAVM, Clear Capital's automated valuation model (AVM). The Exchange Service Network allows mortgage lenders and servicers to order Clear Capital's products without leaving the Empower LOS or rekeying manual loan data. In addition to ClearAVM, the Exchange Service Network also supports ordering of Clear Capital's Collateral Desktop Analysis (CDA®), Broker Price Opinion (BPO), Property Condition Inspection (PCI), and Appraisals. "Our aim is to streamline the delivery of products so that our clients have what they need, when they need it," said Rich Gagli- ano, CEO of Dark Matter Technologies. "That's why we created a single marketplace that facilitates connections with tens of thousands of mortgage solution providers, and it's why we are happy to partner with companies like Clear Capital who make lenders' and servicers' jobs easier." "Our partnership with Dark Matter Technologies is all about helping lenders and servicers make more confident deci- sions through our robust property data analytics and product suite, which offer them the complete picture," said Kenon Chen, EVP of Strategy and Growth, Clear Capital. "We want to ensure lenders and servicers have all the tools they need to execute with precision and accuracy while driving efficiencies. We're excited to deliver this through the Exchange Service Net- work from Dark Matter Technologies." VICE CAPITAL MARKETS LAUNCHES INTEGRATION WITH FANNIE MAE MISSION SCORE API V ice Capital Markets, a mortgage hedge advisory firm for indepen- dent lenders, banks, and credit unions, has announced it has integrated the Fannie Mae Mission Score application programming interface (API) into its trad- ing portal, allowing current clients to take advantage of pricing and best execution decisions to improve gain-on-sale. "By utilizing current integrations with Fannie Mae and making minimal updates to current procedures, our development team was able to deliver our clients instant access to FNMA's Mission Index API," Vice Capital CIO Shawn Ansley said. "The API integration gives our clients the peace of mind that the Mission Index value we are using to evaluate best execution on their loans is 100% accurate and incorporates all the required data components to accurate- ly score each individual loan." "The Mission Score API and Mission Score product grids are Fannie Mae's latest solutions intended to support affordable homeownership opportunities and pro- mote mission-based financing to qualified borrowers," said Pete Skarnulis, VP, Sin- gle-Family Business Account Management Solutions at Fannie Mae. "Through close partnership and collaboration with our industry partners, we're able to introduce innovative solutions to the market at scale, helping to promote positive change across the mortgage industry." CHEVRON FEDERAL CREDIT UNION SELECTS BLUE SAGE DIGITAL LENDING PLATFORM C hevron Federal Credit Union (Chevron FCU), a credit union based in Concord, California, has successfully implemented Blue Sage Solutions' fully cloud-based Digital Lending Platform. This milestone enables the Chevron FCU and Spectrum Credit Union to streamline the home financing experience for its members while enhancing efficiency through its entire loan origination process. In addition to leveraging all components of the Blue Sage LOS platform, the credit union implemented Blue Sage's LION Consumer POS, ensuring members can check rates, apply, and get approved for mortgages from any device. A credit union with more than 135,000 members nationwide man- aging $4.8 billion in assets, Chevron FCU selected the Blue Sage platform for its modern API-first technology, user-friendly interface, and best-in- class integrations with some of the industry's leading service providers, including Docutech, ComplianceEase, and Optimal Blue. In addition to the platform's enterprise-grade security, the credit union valued Blue Sage's seamless ordering of preliminary title reports, accurate fee calculations, and ensuring compliant and saleable loans throughout the process—from quote to close. "It is very important to us to provide our members with an exceptional expe- rience, especially when obtaining home financing," said Mike Long, SVP and Chief Lending Officer for Chevron FCU. "After extensive research, it was clear that Blue Sage's innovative, cloud-based digital technology was the superior choice. We're confident that Blue Sage offers everything we need in a mortgage technology partner to originate loans more efficiently, and still provide the best member experience." The Blue Sage Digital Lending Plat- form is a 100% browser-based platform that delivers advanced automation, task- based workflows, and an intuitive user interface, delivering the most advanced loan processing from application to closing in the market. The API-based technology enables credit unions, re- gional banks, and independent mortgage bankers to scale their mortgage opera- tions effortlessly, regardless of channel. "In today's complex housing environ- ment, many credit unions are striving to