Tag Archives: AI

Maxwell aims to help small lenders simplify mortgage document review

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“Stare and compare” work performed by human mortgage loan processors is not only inefficient but can introduce errors and inaccuracies. Continue reading →

Guaranty Home Mortgage Corp. to automate doc processing with AI

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Mortgage lenders seeking economies of scale are automating much of the loan application and underwriting process, helping them price loans competitively and take market share from less efficient lenders. Continue reading →

FairPlay lands $4.5M seed round to help lenders combat racial bias

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The New York-based startup helps lenders discover bias in algorithms and take a second look at rejected applicants using “cutting edge AI fairness techniques.” Continue reading →

Are 15-minute mortgage loan approvals the future?

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United Wholesale Mortgage says it developed automated document recognition and processing capabilities in-house that allow for an initial mortgage loan approval in minutes. Continue reading →

Ocrolus valued at $500M after raising $80M Series C round

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The document automation platform is staffing up its machine learning and data science teams in the wake of a funding round led by Fin VC. Continue reading →

Automation comes to appraisal management

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Whether they’re assigning work to commercial appraisal firms or individual appraisers, lenders can now automate more of the process, eliminating manual tasks and gaining increased transparency with real-time monitoring, status-driven alerts and a detai… Continue reading →

First American providing same-day title decisions on eligible mortgage refis, home equity loans

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Taking a page from the playbook of a fintech upstart, the nation’s largest title insurance underwriter is making an automated title decision engine available to title agents. Continue reading →

Google rolls out AI platform for mortgage lenders

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Google Cloud rolled out Lending DocAI in preview mode last fall with Roostify, a provider of digital mortgage solutions to lenders, on board as a strategic partner. Continue reading →