Mortgage Lenders Back AI Fintech Vesta in $30M Funding Round
Major mortgage lenders including Pennymac, New American Funding, and NBKC Bank have participated in a $30 million Series B funding round for loan-origination system provider Vesta. This strategic investment highlights the mortgage industry's growing commitment to adopting artificial intelligence and modernizing foundational infrastructure to streamline lending operations and improve efficiency.
Source: National Mortgage News