Clearcloser

ClearCloser is a revolutionary financial technology company that is redefining the world's largest asset class: residential mortgages, boasting a total addressable market of $13 Trillion in the US. The company leverages advanced data analytics, artificial intelligence, and emerging financial technology to quickly and securely transform traditional mortgages into digitized mortgage assets. This transformation is not a mere replication of the industry’s current version of an “electronic mortgage”. Instead, ClearCloser breathes life into these assets by creating a living record of a mortgage on an immutable ledger. ClearCloser's pioneering technology is a boon for financial institutions, providing an insightful platform to analyze, bid, and trade individual assets, portfolios, or distressed asset pools quickly, efficiently, and securely on an ongoing perpetual basis. The platform replaces operational and capital expenditure with compute, delivering time and cost savings on acquisition, due diligence, and asset management. The conversion of traditional mortgages into secure digital assets enables a real-time view of residential asset portfolios. This real-time monitoring can detect irregularities and trigger corrective actions before a crisis occurs, helping to mitigate and manage portfolio risk. Furthermore, it equips clients to intelligently and productively leverage erratic and inefficient market volatility and price fluctuations. ClearCloser distinguishes itself in a market where no single entity aggregates, validates, livestreams, and then digitizes underwriting and valuation data. In contrast to semi-competitors, whose front-end systems store stale data and lack the ability to source, validate, or livestream data, ClearCloser’s technology addresses the dynamic needs of the Capital Markets.