Tidalwave announces new employees to lead the sale of mortgage technology
The recruitments come a few months after Tidalwave added another former ICE director, Chris McLendon, as Chief Revenue Officer.
“Attracting veterans in the mortgage industry such as John, Frank and Chris demonstrates the power of our vision and the progress we are making,” said Diane Yu, CEO of Tidalwave, in a statement. “Their decision to become a member of Tidalwave reflects our dedication to building a modern, AI-FIRst mortgage platform that deals with the actual needs of lenders and borrowers.”
The company has also been busy on the strategic partnership front. Earlier this month, Tidalwave announced an integration of points of sale with TrickA movement that aims to create a more efficient verification process of the borrower by reducing progress times and improving conversion rates.
In May, Tidalwave announced Point-of-Sale Integrations with First colony mortgage And Mortgage solutions. Tidalwave said at the time that his platform automates up to 70% of manual tasks, including document validation and compliance checks.
The artificial intelligence platform of the company is directly integrated into the primary systems of the mortgage industry for automated insurance-the desktop-founder of Fannie Mae and the loan product adviser of Freddie Mac.
“By automating activities, improving compliance and providing a faster mortgage experience, Tidalwave enables lenders to be effective and significantly improve their operational efficiency and profitability,” said Stephenson in a statement.
“After many years at established mortgage technology companies, I am pleased to become a member of a company that really innovates. Tidalwave sets a new standard for what is possible in mortgage technology.”
“Once I saw Tidalwave’s AI in action, I knew this was the real deal,” said PastirChak. “The solo of Tidalwave transforms tasks that have previously taken days – such as letters of exparation (offering documents borrowers to clarify credit or income problems) or document collection – in processes that are completed within a few minutes, which means that the total loan processing times of weeks to day shrink.”
