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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 12 October 2024 M T E C H market," Calque CEO Michael Bremer said. "With the introduction of the Contingency Buster, we are elevating our commitment to providing faster, more cost-effective options that pave the way for seamless home buying and selling experiences." AFFORDABLE HOUSING.COM AIDS LEASE MANAGEMENT FOR RENTERS, PROPERTY OWNERS A ffordableHousing.com has unveiled eLeases—an automa- tion tool designed to simplify lease management for renters, property owners, and housing agencies. "Manual affordable housing lease management suffers from inefficiencies, lack of transparency, and heightened administrative burdens, which causes delays and errors. Leveraging data-driven technology to tackle complex challenges in the U.S. housing market, we developed a comprehensive tool that automates tasks like lease generation, e-signature collection, and reminders," said Richard Cupelli, Founder and CEO of Afford- ableHousing.com. "By streamlining lease management, we are revolutionizing the industry standard and enhancing access to quality housing for everyone." The integration of eLeases into AffordableHousing.com's centralized platform offers a solution to streamline lease management: • Automation: eLeases automate es- sential tasks, reducing administrative workloads for property owners and renters. • Central Location: All lease informa- tion is consolidated in one location, ensuring consistency, and preventing the loss of important documents. • Accessibility and Transparency: Rent- ers can access their leases anytime, promoting transparency and trust. Legal binding signatures on leases enhance security and reliability. • User-Friendly Experience: The intuitive design and enhanced communication tools simplify the leasing process, providing a seamless experience for all parties involved. For Property Owners and Property Managers: • Automate lease-related tasks, saving time and reducing costs. • Centralize all lease information for better consistency and security. • Enhance communication with rent- ers through text and email notifica- tions. For Renters: • Sign leases electronically from any device, anytime. • Stay informed about the status of lease agreements via notifications. • Access fair and transparent lease templates with legally binding signatures. For Housing Authorities: • Improve efficiency and compliance with automated lease tasks and com- pliance checks. • Centralize data management to streamline operations and improve service delivery. • Enhance owner retention with customizable forms and proactive reminders for tenants. LENDERLOGIX INTEGRATES INCOME, EMPLOYMENT VERIFICATION SERVICES FROM TRUV L enderLogix announced its inte- gration with automated employ- ment and income technology provider Truv. Through the integration, lenders can now access Truv's consum- er-permissioned data platform through LenderLogix's point-of-sale (POS) LiteSpeed to obtain direct-to-source income and employment verification for mortgage applicants. "With the integration of Truv's verification capabilities and LiteSpeed, lenders can now enjoy a streamlined workflow that reduces administrative tasks and frees up resources for im- proved customer service," LenderLogix Co-Founder and CEO Patrick O'Brien said. "This powerful combination elim- inates the need for third-party verifica- tion services, leading to significant cost savings and lower overall loan processing expenses. Additionally, the automation speeds up loan approvals, allowing lenders to close loans faster and optimize their operational throughput. With immediate access to accurate income and employment data from Truv inside LiteSpeed, lenders can eliminate delays caused by manual document collection and improve review speed by obtaining more complete loan files from the point of application. Borrowers can benefit from a simplified and quicker application process, reducing the num- ber of touchpoints and providing a more user-friendly experience. "Our integration with LenderLogix marks a significant advancement in our mission to revolutionize the mortgage origination process," said Kirill Klokov, CEO of Truv. "By combining our strengths, we are providing mortgage lenders with the tools they need to deliver exceptional service to their clients while improving operational efficiency."