Vesta raises $30M to bring swarms of agents to mortgage lenders

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The startup uses AI agents to automate much of the loan origination process, which, the founders say, helps lenders reduce the time and costs of processing mortgages. Mike Yu co-founded the company in 2020 with Devon Yang. Vesta is, in many ways, competing against both traditional mortgage systems like ICE Mortgage Technology and other AI-native companies also trying to automate the mortgage lending process like Xpanse.

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