LauraMac launches new tech for secondary mortgage market

LauraMac, a provider of SaaS technology to the mortgage secondary and capital markets, has announced the launch of its loan acquisition system (LAS).

The cloud-based LAS, LauraMac explained, connects sellers, buyers, and Third-Party Review (TPR) firms to streamline the diligence vendor management process. The system also allows real-time communication and seamless exchange of documents and data without the need for emails or spreadsheets.

Founded in 2019, LauraMac also offers a range of products designed for mortgage capital markets, including document recognition and management, data extraction, loan due diligence, quality control, pricing and transaction management, and servicing transfer.