Trick Takeaways from the Flagstar Financial Technical Accelerator: Building Relationship to alter the borrowed funds World Due to TechnologyWe have been thrilled so you’re able to announce you to RealKey has actually graduated on the Flagstar Home loan Technology Accelerator , the first and just You.S. accelerator serious about financial tech. Brand new accelerator try an intensive about three-week digital system designed by Flagstar Lender , the sixth premier lending company in the united kingdom. We had been picked americash loans Coffeeville to participate as the you will find a clear facts of the industry, as they are approaching a soreness area to own Flagstar, its broker channel, while the remaining business.
When you look at the accelerator, RealKey was in an excellent company with other members Stavvy and you may House Financing Friend . In fact, your groups is noted for undertaking technology that can disturb and you will alter every area of your mortgage team – away from home loan origination, processing, marketing, and you may maintenance in order to compliance, transformation, underwriting, borrowing from the bank, and you may top quality assessment.
For the graduation day, we were registered because of the around 70 Flagstar mentors, together with members of the latest C-Package or other finest professionals. The fresh new day of situations given an insightful system to demonstrate just how companies can leverage new tech to switch efficiencies and gives technical-permitted activities to their consumers.
Without a doubt, this new accelerator offered all of us a way to create the fresh dating you to tend to allow me to cause transformative change toward financial community and you will boost the customers experience. But not, as much on home loan and you can banking industries learn, for possible vendors, there is huge lift so you can formalize a relationship.
Their demonstrating all of us behind-the-scenes is definitely one thing now in prioritizing have and you may coding of the financing software, overlays, and you may versions regarding the lender

Instance, when you are a financial may prefer to work with a seller, starting you to definitely commitment isn’t necessarily a choice for the financial institution.