Associated tags: High-entropy alloy, LEAP, Machine learning, Consumer, FICO, Bete, Small business, Matrix Realty Group, Inc., HEA, Financial services
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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.
