Tech hits home. "
Topics: Mortgage Technology
Digital Mortgage is the first ever Mortgage technology conference happening on December 8 & 9th in San Francisco. We will be doing a demo at the conference. Read our spotlight here:
Orion Parrott, CEO and Founder of Lendsnap (YC S16)Talks about Taking The Friction Out of Mortgage Lending on Tomorrow's Tech Podcast.
Lendsnap was recently featured on Rob Chrisman's Mortgage blog.
Here is what Rob said about us:
Lendsnap recently partnered with Interactive Mortgage "in creating a truly interactive borrower experience." Interactive Mortgage believes this partnership will not only help to accelerate their growth but push the mortgage industry to automate and offer the borrowers a better lending experience. Lendsnap automates borrower documentation during mortgage application by linking to borrower financial and employer accounts, enabling quick and secure collection of W2s, pay stubs, banks statements, and full tax returns. Interactive Mortgage is currently located in Orange with a move planned to its new 40,000 sq. ft. headquarters within the next 30 days.
Lendsnap, Inc. has successfully completed the SOC (Service Organization Control) 1-SSAE 16 Type II audit for 2016. This means that the controls that Lendsnap have in place and maintain indicate the highest levels of security for its business and customers. Additionally, the completion of the audit indicates Lendsnap’s suitable control environment that we have developed to properly serve our customers.
Service Organization Control Reports® are internal control reports on the services provided by a service organization providing valuable information for users to assess the risk mitigation efforts established by an outsourced service. Though consumers are probably not familiar with the SOC audit, mortgage lenders recognize it as the primary indicator of appropriate company policies, identification and mitigation of security risks, internal controls, appropriate information access, and implementation of logical and physical security required of banking and financial service providers.
Lendsnap is proud to have completed the 2016 audit with positive results across the spectrum of established policies, procedures, controls and physical and logical security.
YCombinator, The world’s most prestigious startup school, launched 48 companies today at part 2 of its Summer 2016 Demo Day. Lendsnap was one of the 48 that presented on August 23rd.
Rob Chrisman, a Mortgage Industry expert, who runs a daily blog on Mortgage news and commentary, featured us on his July 20th post. Here is what he wrote:
Topics: Lendsnap Technology
By linking to consumer accounts to automatically gather original financial documents, we help lenders deliver the easiest mortgage experience ever. Y Combinator’s startup expertise and community have propelled our success forward. Next week we are proud to present at the YC Investor Demo Day with the Summer 2016 Batch.
From an Interview Published on the Macro, YC's Official Blog: “Lendsnap is building a set of tools for an industry that is mind-bogglingly stuck in the past. It doesn’t make sense that applying for a mortgage should involve sequentially finding, downloading, and faxing dozens of documents, but the industry is so large, and the process so deeply ingrained, that it is hard to change. That’s why I love Lendsnap’s approach of building software to help Loan Officers. They’re doing one of the things software does best - helping people do their jobs better. In the process, they’ll also save prospective home owners countless hours of wasted effort.” -Aaron Harris, Partner at Y Combinator