Elementix and Lightning Docs Partner to Enhance Business-Purpose Lending Market Data
Elementix and Lightning Docs have entered into a data-sharing partnership designed to provide unprecedented transparency in the business-purpose lending market. By combining Elementix's aggregated nationwide real estate transaction records with Lightning Docs' granular loan-level document data, the collaboration will produce monthly reports covering bridge, fix-and-flip, construction, and DSCR loans. The joint reporting aims to address long-standing opacity in private lending by providing detailed metrics on interest rates, loan amounts, geographic trends, and lender activity. This enhanced data set is intended to assist lenders, brokers, and investors in better assessing market conditions and managing risk through more precise industry insights.
Topics: Data Sharing Partnership Loan Document Automation Private Lending Market Reporting Real Estate Data Aggregation