Seattle Startup Friday Harbor Raises $6M to Help Smaller Mortgage Lenders Compete Using AI
Seattle startup Friday Harbor raised $6 million in seed funding to provide AI-driven software that helps smaller mortgage lenders identify loan file issues earlier and compete with industry giants like Rocket and United Wholesale Mortgage. Its product, launched in October, is used by 16 enterprise customers to reduce loan processing time and cost by detecting risks such as undisclosed debts and employment discrepancies.
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