Ep566: Transforming the US home equity lending process
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Omar Jordan, Founder & CEO, Coviance
The US home equity lending process has barely changed in the last 50 years. Aiming to disrupt this, Coviance, established in 2015, operates a cloud-based platform that speeds up and simplifies the lending process with, among other developments, an automated valuation model that delivers results in a matter of seconds rather than relying on a system of appraisals that can take weeks. Coviance now has more than 425 credit unions and community banks using its platform. Robin Amlôt of IBS Intelligence speaks to Omar Jordan, Founder and CEO of Coviance.
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