Retrieved on:
Tuesday, December 5, 2023
LOS ANGELES, Dec. 5, 2023 /PRNewswire/ -- Leap Analytics, Inc. (Leap), a fintech real estate investment company, today announced it has developed a credit-scoring model that incorporates machine learning to achieve more rigorous data analysis than traditional models. The goals of the Leap model are to better predict credit risk while creating more equitable and accurate scores for all Americans, particularly where homeownership is concerned.
Key Points:
- The goals of the Leap model are to better predict credit risk while creating more equitable and accurate scores for all Americans, particularly where homeownership is concerned.
- "Traditional credit scoring models were developed decades ago to assess historical patterns in a homeowner's ability to pay," said Ashley Bete, Leap's Founder and CEO.
- Our new model promotes financial inclusion by better predicting consumer behavior and identifying those who responsibly manage credit but are overlooked due to the limitations of traditional scoring models, such as FICO."
- Leap's model helps consumers leave their past behind while reflecting a fiscally responsible present and financially stable future.
LOS ANGELES, July 27, 2023 /PRNewswire/ -- Leap Analytics Inc. (Leap), a fintech real estate investment firm, today announced it has launched educational training sessions for commercial Realtors® on how to utilize Home Equity Agreements (HEAs) to activate capital locked in commercial real estate investments.
Key Points:
- LOS ANGELES, July 27, 2023 /PRNewswire/ -- Leap Analytics Inc. ( Leap ), a fintech real estate investment firm, today announced it has launched educational training sessions for commercial Realtors® on how to utilize Home Equity Agreements (HEAs) to activate capital locked in commercial real estate investments.
- Leap now provides online, on-demand and in-person training for commercial agents — with individuals and through larger firms — on how small business owners and homeowners can leverage the equity in their existing properties for growth.
- Specifically, Leap will educate and train commercial agents on its Leap Revive product , which is an HEA designed to support the capital needs of small businesses over a period of 10 months to three years.
- Leap's HEA solutions can help real estate owners and investors access capital without the risk of high-interest rates or monthly debt.
Bete,
LEAP,
High entropy alloys,
CEO,
Facebook,
Credit score in the United States,
Research,
Founder,
Instagram,
Importance,
Twitter,
Mortgage loan,
Social media,
Color,
Bias,
HEA,
Anatomy,
LinkedIn,
American Dream,
Real estate,
Credit LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- Leap Analytics Inc. (Leap), a fintech real estate investment firm with a mission to empower underserved communities to help close the wealth gap, today announced the launch of its four-part educational series designed to demystify the financial process of the homeownership. The first video educates potential homeowners on key considerations about the general home buying process.
Key Points:
- LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- Leap Analytics Inc. ( Leap ), a fintech real estate investment firm with a mission to empower underserved communities to help close the wealth gap, today announced the launch of its four-part educational series designed to demystify the financial process of the homeownership.
- The first video educates potential homeowners on key considerations about the general home buying process.
- Leap utilizes advanced technology to remove bias from the HEA application process and to expedite applications.
- Please visit www.Leaphea.com for more information on Leap HEAs, and educational resources regarding the mortgage industry and homeownership.
Solution,
Education,
DEI,
Bias,
Science and technology in Asia,
LEAP,
Color,
HEA,
DTI,
ESG,
High entropy alloys,
Financial services,
Insurance,
Real estate,
Bank LOS ANGELES, June 21, 2022 /PRNewswire/ -- Leap Analytics Inc. ("Leap"), a fintech real estate investment firm that seeks to transform the home finance marketplace and empower historically underserved communities to help close the wealth gap, today announced the launch of its full-service website, featuring free financial education resources and information regarding its customized Home Equity Agreements (HEAs).
Key Points:
- Our goal is to narrow the wealth gap in this country by focusing on education and developing solutions that earmark funds to enhance our clients' financial relevancy, while expanding their access to financial opportunities."
- Home equity is a $19 trillion market in the United States and access to home equity is still the leading wealth generator in the country.
- HEAs, also known as Home Equity Investments (HEIs), are a new asset class allowing homeowners to access the equity accrued in their homes.
- Our mission is to close the homeownership and wealth gap by providing real estate education and financial literacy for all."
