Program spotlights the fintech firms set to redefine the mortgage landscape
Flagstar Bank has announced the four fintech startups that recently completed its MortgageTech Accelerator program.
The companies – Housetable, Landis, Greenline.ai, and Certo.ai – graduated from the three-month accelerator program, which covered topics such as integrating technology, pricing strategies, and product roadmaps. The participants had access to one-on-one interaction with senior members of Flagstar Bank’s mortgage leadership team, access to expertise, mentorship, and coaching.
Lee Smith, president of mortgage for Flagstar, commented: “The mortgage accelerator has been tremendously successful for Flagstar, helping us stay at the forefront of innovations in the mortgage industry and deliver a better experience to our customers. The accelerator brings together Flagstar’s knowledge of mortgage banking and marries it with ground-breaking mortgage technologies developed by up-and-coming fintechs. It’s a win-win all around.”
“The MortgageTech Accelerator was a unique opportunity to connect with Flagstar’s leadership in sectors like retail mortgage, capital markets, third-party origination, marketing, and beyond,” Housetable CEO David Benizri said in a press release. “Through hands-on experience, we were able to enhance our suite of products and gain insights into the dynamics of a leading mortgage originator and large-scale bank, all of which helped us better tailor our services as a strategic vendor.”
“We are excited to have built a relationship with the Flagstar team to tackle the most pressing issues in the housing industry,” said Cyril Berdugo, CEO of Landis. “This collaboration has been invaluable in making homeownership more accessible and affordable through our process to transition clients seamlessly from renting to owning a home. We are grateful for Flagstar’s support of our journey toward a more inclusive and equitable housing ecosystem.”
“Flagstar has been the ideal launch pad for Greenline ai,” said Daniel Hayes, CEO of Greenline. “Through its MortgageTech Accelerator, we found the best expertise, support, and industry network imaginable. The team has been a tremendous partner, and we’re excited to continue to build our working relationship with Flagstar and its third-party originator channel.”
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“Thanks to the collaboration of Flagstar’s leadership team, we were able to apply our data and automated technology to real-world cases Flagstar experiences today,” said Gene Swanzey, co-founder of Certo/ai. “That helped us prove our thesis that our artificial intelligence toolkit can deliver processing solutions across the mortgage ecosystem from underwriting to customer service to secondary marketing and beyond.” Brad Davis, also a co-founder, added, “We could not be more thankful for being selected to participate in the MortgageTech Accelerator and are thrilled with the doors it has opened for us.”
Flagstar said it plans to launch the fifth MortgageTech program in early 2024.
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