loanDepot Expands Novaprime Across Post-Closing After Successful Pilot
Business Wire•12/10/2026•08:00 ET
0
Key Highlights
- ➤loanDepot expands Novaprime’s Foundation across four post-closing functions.
- ➤Pilot automated over 80% of Government Insuring tasks.
- ➤Expansion targets lower cost per loan and increased post-closing capacity.
- ➤Novaprime says Foundation connects teams and tracks defects automatically.
Expert Statements
Linus Petrén, CEO and Founder of Novaprime
“No two Post-Closing teams work the same way, even within the same lender, which is why we built Foundation to adapt dynamically to each team and measure its success on the quality and volume of work it helps each person to complete.”
Linus Petrén, CEO and Founder of Novaprime
“loanDepot has been an exceptional partner. Individuals and the leadership team are intentional and genuinely invested in staying at the forefront of innovation, and they’ve made what is often a very complex change-management challenge a pleasure. We’re excited about this next chapter of collaboration as we expand the deployment.”
Thomas Hutchinson, Senior Vice President of loanDepot
“Government Insuring was a well-defined place to start. It’s deadline-driven, highly repetitive work, and most of the effort goes into confirming a file is complete”
Thomas Hutchinson, Senior Vice President of loanDepot
“The Novaprime team has delivered a robust solution that’s already had a positive impact on our Government Insuring turn times and we look forward to extending the partnership by deploying Foundation across several of our Post-Closing teams.”
loanDepot Expands Novaprime Across Post-Closing After Successful Pilot
Foundation, Novaprime’s Agentic OS for Post-Closing, connects teams across Government Insuring, CD Reconciliation, Defect Remediation, and Loan Delivery so closed loans can move quickly, with confidence.
Get started
Create a free account to read the full story.