Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Walker & Dunlop Acquires Technology Platform to Fuel Growth in Small Balance Lending

Walker & Dunlop, Inc. announced that it acquired TapCap, a technology firm with proprietary web-based software that provides real-time, online quotes for commercial real estate debt to streamline the loan application and origination process. TapCap’s technology removes friction from the borrower experience and will help accelerate growth across Walker & Dunlop’s lending businesses. Zac Rosenberg, founder and CEO of TapCap, will join Walker & Dunlop as a leader in their technology group.

Recommended AI News: AI Robotics Startup Mech-Mind Completes Series C Funding Led by Tech Giant Meituan

Aaron Perlis, Chief Technology Officer, commented, “The acquisition of Enodo in 2019 and our joint venture with Geophy have driven Walker & Dunlop’s AI and machine learning capabilities to new levels, resulting in dramatic growth in new customers and the launch of our multifamily appraisal joint venture, Apprise.  TapCap is all about efficiency, and how to remove friction from the borrower experience while reducing underwriting and closing costs on l****. We are thrilled to have Zac bring his technology platform to W&D.”

Related Posts
1 of 41,053

Recommended AI News: LexisNexis Announces Market Standards Data-Driven Practical Guidance For Finance And Employment

Alison Williams, Small Balance Lending Chief Production Officer, said, “We’ve been investing heavily this year in loan origination talent to scale our small loan originations to $5 billion by 2025. But penetrating the small balance lending market requires cutting-edge technology to reduce costs while providing an exceptional customer experience. Adding TapCap’s technology will make our lending processes more transparent, efficient, and scalable — and accelerate our growth towards $5 billion.”

Recommended AI News: IBM Brings AI-Powered Automation Software To Networking To Help Simplify Broad Adoption Of 5G

Comments are closed.