30-Yr. Fixed Conforming. Updated hourly during market hours.
Single family homes on the market. Updated weekly.Powered by Altos Research
Market yield on U.S. treasury securities at 10-year constant maturity. Updated daily.Data sourced from FRED
Awards

2020 HW Tech100 Mortgage winner: Nexsys Technologies

Streamlines the process of verifying homeowners insurance

Nexsys Clear HOI streamlines the process of verifying homeowners insurance by providing the mortgage origination industry’s first-ever direct integrations with the nation’s leading homeowners insurance companies. Through a simplified set of APIs, mortgage lenders can pull in all evidence of insurance fields directly into their LOS without any manual work. Nexsys saw an opportunity to develop a solution that would disrupt these industries by building out integrations into the top homeowners insurance companies to pull in client data from any participating lender at the click of a button.

  • With two top insurers on board, one lender has enjoyed a nearly 10% reduction in calls to insurance companies.
  • Nexsys expects to have nearly 20% of insurance companies (by market share) on the platform in March
  • Insurance companies have embraced Clear HOI as an innovative way to allow their agents to focus on revenue-driving and client-facing activities

https://www.nexsystech.com/

Most Popular Articles

Latest Articles

Test

The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]