Stavvy completed the acquisition of Brace.

Stavvy, a fintech company reshaping digital and remote collaboration for lending and real estate, completed the acquisition of Brace, a servicing technology company addressing the long-standing inefficiencies and lack of transparency stemming from outdated technologies in mortgage servicing. Financial terms were not disclosed. “Stavvy and Brace’s unified services are set to deliver an unparalleled solution, encompassing every critical stage of default servicing - from the initial homeowner inquiry to the ultimate resolution. Our unified team of industry experts combined with research and investments in generative AI and customizable workflows positions Stavvy to independently reduce the need for antiquated mortgage processes, revolutionizing the experience for all stakeholders involved," Kosta Ligris, Stavvy CEO and Founder.