loanDepot expands Novaprime Foundation platform across post-closing operations
LDI•loanDepot will expand Novaprime’s Foundation platform across post-closing operations after a pilot in government insuring automated more than 80% of tasks. The rollout aims to lower cost per loan, speed delivery and improve closed-loan quality.
1. Platform expansion
loanDepot will extend Novaprime’s Foundation platform across post-closing operations following a successful pilot earlier this year. The pilot automated more than 80% of tasks in government insuring, lifting daily throughput and improving turn times; the broader rollout includes real-time quality and throughput monitoring.
