The Federal National Mortgage Association, or Fannie Mae, a government-sponsored enterprise and key player in the secondary mortgage market, is currently beta testing an API platform that it says will “level the playing field” for lenders in the multi-trillion dollar market for mortgages.
Captricity, dedicated to transforming data trapped on paper into digital form, announced the public release of its API. Originally, customers accessed Captricity's technology via a web portal. In August, Captricity launched a beta API. Over the past few months, Captricity enhanced its API under the Code for America Accelerator program (one of seven startups to qualify for the honor). Captricity announced the API's public availability at Code for America's Demo Day.