Infosys Collaborates with Better to offer MaaS

Infosys, a global leader in next-generation digital services and consulting, has joined forces with Better Home & Finance Holding Company, a prominent digital-first homeownership company, to introduce Mortgage as a Service (MaaS). This collaborative effort brings forth an integrated, end-to-end digital mortgage platform, marked by white-labeling, to empower banks and credit unions in delivering seamless digital mortgage and home equity loan experiences to their customers.

The Infosys-Better white-labeled MaaS platform offers a revolutionary solution for organizations seeking to transform their mortgage operations. Leveraging Better's proprietary digital technology, the platform spans the entire mortgage process, encompassing point of sale, pricing, underwriting, loan origination, closing, funding, and investor sale, all designed to be cloud-native. Notably, Better has already facilitated over $100 billion in fully digital loans for the industry, earning recognition for its industry leadership, as evidenced by Ally's #1 ranking as a Digital Mortgage Platform by J.D. Power.

Infosys, being one of the world's largest digital service providers to mortgage firms, brings its extensive expertise to strengthen technology and operations. With a digital-first, cloud-first, and AI-first approach, Infosys is well-positioned to assist clients in swiftly harnessing the benefits of Mortgage as a Service.

“Our strategic collaboration with Better helps us deliver best-in-class digital mortgage services to our customers in a highly innovative, scalable, and cost-efficient manner. A top-rated national digital lender who has collaborated with Better since 2019. “Leveraging Better’s digital platform has also helped us limit operational volatility as the mortgage industry continues to evolve in the current interest rate environment,” said Glenn Brunker, Head of Ally Home.

“Infosys has deep expertise in the mortgage process and delivering large and complex programs for us while reducing transformation risks. This Mortgage as a Service solution, along with Infosys’ expertise, has the potential to help firms embrace a more efficient digital and automated approach to running business operations,” said Henry Cason, CEO, of Finlocker.

In conclusion, the collaboration between Infosys and Better represents a strategic synergy that combines advanced digital technologies and industry leadership. The launch of Mortgage as a Service signifies a significant step towards enhancing the efficiency and customer experience in the mortgage industry, offering a comprehensive solution for organizations aiming to modernize their mortgage operations.