Fairway Independent Mortgage Corporation, a nationwide mortgage lender, has selected Doma Intelligence platform plus its title and escrow solutions, which it expects to help power the real estate closing experience.
Fairway will leverage Doma’s proprietary machine intelligence technology to remove key points of friction and frustration involved in traditional mortgage closings, for both loan officers and mortgage customers, the companies said in a release.
Fairway is currently using Doma’s closing solutions within its consumer-direct channel, Homefinity, with plans to expand its use as warranted.
“As an industry leader, we’re always looking to implement innovative technologies that will improve processes and provide our customers with a world-class experience,” said Paul Walnick, president of business development at Fairway. “Implementing Doma’s solutions is a testament to that, improving the process for our team and our customers, and we’re excited to work together to provide an enhanced mortgage experience.”
“Customer-forward companies that are prioritizing tech-enabled solutions will be the market leaders as more and more consumers demand instant, digital experiences,” said Max Simkoff, CEO of Doma. “We’re thrilled to be working with Fairway to provide their team and customers with an exceptional, streamlined, and technology-enabled closing experience.”
Founded in 2016, Doma uses proprietary machine intelligence technology, that is being trained on 30 years of historical data, to remove the friction and frustration from the residential real estate closing process.