CIC Credit Partners With Talk’ument To Address Limited English Proficiency – NMP Skip to main content

CIC Credit Partners With Talk’ument To Address Limited English Proficiency

Apr 23, 2021
CIC Logo

CIC Credit partnered with Talk'ument, a digital tutorial that takes a loan applicant step by step through their specific loan, costs, process, and disclosures. Talk’ument provides a simple, user-friendly process for the borrower to show their understanding of their specific loan.

The concept for Talk’ument digital loan transaction revolves around ease of use, transparency, and a more meaningful borrower experience. Talk’uments gives consumers interactive loan information, strengthening confidence in the consumer's choice of lender and leading to more loan originations, according to a press release.

Talk’ument is responsive and reflective of the nation's increasingly diverse population by providing multilingual loan information. Studies from the Harvard Joint Center for Housing state, "75 percent of household formations will be created by minorities. By 2035, 85% of household formations will be created by minorities."

"Minorities will account for approximately 75% of the new household formations by 2025, some of whom could benefit greatly from using the Talk'uments tutorials – especially in their preferred language," said Phil Bracken, founder and president of America's Homeowner Alliance.

Published
Apr 23, 2021
More from
Tech
Why Short-Term Closing Fixes May Be Holding Lenders Back

2020 became a record year for eClosing and eNote adoption

Tech
Dec 01, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Tech
Nov 29, 2021
OptiFunder Secures $25 Million In Capital

OptiFunder, a warehouse management system provider for mortgage originators, raised $25 million in additional capital lead by Arthur Ventures, a growth capital firm focused on high-growth, founder-led and capital efficient B2B software companies.

Tech
Nov 23, 2021
Guaranteed Rate Adds New Chief Product And Technology Officer

Guaranteed Rate named Dr. Ramesh Sarukkai as the company’s new chief product and technology officer.

Industry News
Nov 22, 2021
Fintech Mortgage Proven To Reduce Racial Bias In Lending

Technology-based Fintech mortgage may be the answer to reducing, and ultimately eliminating, racial bias and discrimination in lending.

Analysis and Data
Nov 19, 2021
nCino To Acquire SimpleNexus

Cloud banking and digital transformation solutions company, nCino Inc., signed a definitive agreement to acquire SimpleNexus in a stock and cash transaction valued at an estimated $1.2 billion.

Tech
Nov 19, 2021