Better joins forces with Palantir
Digital mortgage platform Better.com is teaming up with data software company Palantir Technologies .
The partnership will initiate the launch of Tinman Marketplace, the next evolution of Better’s proprietary loan platform, which automates 70% of the mortgage process. Tinman Marketplace will be powered by Palantir’s Foundry operating system.
The combination of Tinman, which automates specialized processing and underwriting functions, and Foundry, designed to help customers to do more with their data, will help lead to better data-driven decision making in the allocation of home lending and expand the access to mortgages in the United States.
Among other use cases, the partnership will bring to market a tool that will empower government-sponsored enterprises (GSEs) and other government agencies involved in consumer loans to help rebalance their portfolios and meet their equitable housing and finance goals.