Startups
MustangFi is a blockchain and tech holding company
Its first project is a cloud based blockchain platform to empower banks;to offer digital mortgages and other financial services to a global consumer base. cloud-based. It uses semantic mapping to automatically import qualification data ( income, assets, credit, etc.). It uses a resolution-based AI theorem prover to match borrowers to loan products that they qualify for while remaining compliant with the increasingly stringent requirements of the quasi- federal entities to which most residential mortgages are resold. Since both the loan programs offered by the mortgage bank and the Fannie Mae / Freddie Mac 'overlay' restrictions are codified into a description logic which works directly with the theorem-prover-based matching logic, new banks, new loan programs and new federal restrictions can be added to the system quickly and with complete assurance that the matching algorithms will continue to return correct results. By the dictates of first-order logic, they cannot do otherwise. It is the first 3rd party mortgage origination software that stands up to, arguably outweighs, current digital mortgage players. In early discussions with potential Beta Bank test partners .
Its first project is a cloud based blockchain platform to empower banks;to offer digital mortgages and other financial services to a global consumer base. cloud-based. It uses semantic mapping to automatically import qualification data ( income, assets, credit, etc.). It uses a resolution-based AI theorem prover to match borrowers to loan products that they qualify for while remaining compliant with the increasingly stringent requirements of the quasi- federal entities to which most residential mortgages are resold. Since both the loan programs offered by the mortgage bank and the Fannie Mae / Freddie Mac 'overlay' restrictions are codified into a description logic which works directly with the theorem-prover-based matching logic, new banks, new loan programs and new federal restrictions can be added to the system quickly and with complete assurance that the matching algorithms will continue to return correct results. By the dictates of first-order logic, they cannot do otherwise. It is the first 3rd party mortgage origination software that stands up to, arguably outweighs, current digital mortgage players. In early discussions with potential Beta Bank test partners .
Overview
Location
United States, Nevada, Incline Village
Employees
1-10
Founded date
2016
FAQ about MustangFi
When was MustangFi founded?
MustangFi was founded in 2016.
Is MustangFi still active?
Yes, MustangFi is active.