The credit union service organization CU Solutions Group has formed a partnership with NestReady, a technology firm focused on homebuying and mortgage lending.
CUSG said on Thursday the deal will give it exclusive credit union industry rights to NestReady products. As part of the relationship, CUSG is also investing in the company.
Based in Montreal, NestReady connect lenders, homebuyers and real estate agents through the entire home-buying process.
CUSG noted that NestReady offers “earlier relationship-building with home buyers, detailed member insights, better targeting, higher conversions and substantial savings on mortgage brokers’ referral fees,” among other things.
This is the latest in a string of similar transactions for the Livonia, Mich.-based CUSO. Last month it
“Our partnership with NestReady will enable credit unions to offer members Zillow-like home pricing services while making credit unions more likely to secure the mortgage loans associated with these decisions,” Dave Adams, president and CEO of CUSG, said in a statement.
Mauro Repacci, co-founder and CEO of NestReady, commented that “using AI and machine-learning to create transparent environments that allow loan originators at credit unions and real estate professionals to collaborate will create a stellar homebuying experience for members.”
CU Solutions Group is majority-owned by the Michigan Credit Union League.
