Finally, lenders can use a machine to think through complex, dynamic lending problems to underwrite a loan with virtually no human assistance. Candor’s patent-pending Knowledge Engineering Technology replicates expert thinking and problem solving to underwrite a loan. And every loan Candor underwrites is backed by a defect policy by a major carrier.">
Candor Technology
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Candor Technology

https://candortechnology.com/
Last activity: 05.06.2024
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Categories: AnalyticsComputerDataEngineeringHumanITLoanMortgageSoftwareTechnology
"Does it make sense? Candor's Loan Engineering System answers that age old question.
Finally, lenders can use a machine to think through complex, dynamic lending problems to underwrite a loan with virtually no human assistance. Candor’s patent-pending Knowledge Engineering Technology replicates expert thinking and problem solving to underwrite a loan. And every loan Candor underwrites is backed by a defect policy by a major carrier.
Mentions
10
Location: United States, Georgia, Alpharetta
Employees: 51-200
Total raised: $12.5M
Founded date: 2018

Investors 1

Funding Rounds 1

DateSeriesAmountInvestors
19.08.2021Series A$12.5MArthur Ven...

Mentions in press and media 10

DateTitleDescription
05.06.2024 Analysis: Loan repurchase patterns at Fannie, Freddie are divergentLoan repurchases continue to trend downward at both Fannie Mae and Freddie Mac, but there appears to be a separation developing in loan-repurchase patterns — with Freddie reducing its loan buybacks at a faster clip than Fannie, according to...
05.02.2024Candor Secures Series B FundingCandor Technology, Inc., an Atlanta, GA-based provider of automated underwriting technology and other technology enabled solutions for the mortgage industry, closed a Series B equity funding round of undisclosed amount. The round was led by...
01.03.2023Announcing the 2023 Tech100 Mortgage WinnersFor more than a decade, HousingWire’s Tech100 program has identified and recognized the most innovative technology companies serving the mortgage and real estate industries. The 2023 Tech100 Mortgage winners are continuing to bring innovati...
30.11.2022Candor Technology Creates First-Ever Loan Quality Services Underwriting EngineCandor’s solution increases efficiencies for mortgage lenders in a tight market Candor Technology announced that it has created the first-ever automated underwriting engine for Loan Quality Services (LQS), further helping clients transform ...
19.08.2021Candor Raises $12.5M in Series A FundingCandor, an Atlanta GA-based provider of an loan engineering system for lenders, raised $12.5M in Series A funding. The round was led by Arthur Ventures. The company intends to use the funds to accelerate growth, expand operations and its bu...
18.08.2021Candor Secures $12.5M in Series A Funding-
18.08.2021Candor : Secures $12.5 Million in Series A Funding Led by Arthur VenturesCandor announced today that it has secured $12.5M in a Series A investment. The effort was led by Arthur Ventures, a leading early-growth capital firm focused on high-growth, capital-efficient B2B software companies. The investment will fur...
14.04.2021The machine that’s coming for the robotsLast year, the market’s wish for record-setting volume was granted – but at a cost. The only way to capture that volume was to hire, hire and then hire some more. Outsourcers were at capacity and talent pools quickly drained. Those availabl...
-Between a rock and a hard place: underwriting in a rapidly changing marketAfter two years of blockbuster volume and revenue, lenders now face a rising rate environment with low inventory that is squeezing their margins. At the same time, underwriters are now working with purchase loans and borrowers who may need ...
-Candor Technology-

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