Mortgagetech company Roostify announced the launch of Adapt, a tool for mortgage lenders, this week.
Adapt helps lenders who have complex workflows achieve process management without disrupting their primary and secondary digital lending accounts. The feature enhances Roostify’s hierarchy tools, allowing lenders to create child accounts that follow a business unit structure, while at the same time allowing others on the mortgage team to maintain productivity across those business units.
Sarah Boultinghouse, business architect and process improvement manager at Roostify client, Colonial National Mortgage, said that the feature simplifies implementation on one of the mortgage company’s most complex business channels. “In an account structure that supports hundreds of accounts, this enhancement has been a critical factor in our continued implementation success, providing both user and admin friendly functionality to navigate through accounts with ease, further enabling our ability to deliver a superior customer experience,” she explained.
Adapt is available as a part of Roostify’s enterprise lending platform. The tool increases flexibility, helping streamline the lending process increase collaboration, ultimately decreasing costs and time-to-close.
Roostify presented at FinovateSpring 2016 where the company demoed account aggregation capabilities for asset verification, as well as integrations with TurboTax and Equifax. The California-based company started off the year by raising $25 million, bringing its total funding to $33 million.