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Reggora Announces Partnership With Lenderworks

Dec 19, 2024over 1 year ago

Contract Type

partnership

BostonSoftwareinformation technology & services

Description

Reggora announced its partnership with Lenderworks, a leading mortgage infrastructure solutions provider for companies in the mortgage banking industry. This partnership allows lenders to implement Reggora's appraisal management platform without leveraging internal IT resources, freeing up resources to continue working on existing projects.

Company Information

Company

Reggora

Location

321 Summer Street

Boston, Massachusetts, United States

About

Reggora, founded in 2016 and based in Boston, is a VC-backed technology company dedicated to automating the residential valuation process. The company aims to eliminate the challenges from one of the most labor-intensive and time-consuming parts of securing a mortgage — the appraisal. Its modern, two-sided platform for mortgage lenders and appraisal vendors streamlines the entire process, reducing turn times and enhancing the experience for all parties involved. Reggora’s platform manages payment processing, appraisal scheduling, automated underwriting, appraisal delivery, status updates, and more, delivering unprecedented operational efficiency.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months