Tag Archives: Amazon Web Services

Mortgage lenders are turning to AI to play in the big leagues

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Rocket Mortgage and UWM are counting on AI to help them scale their businesses as mortgage rates fall. Small and mid-size lenders don’t want to be left behind. Continue reading →

New log4j cybersecurity flaw has exposed millions of users to hackers

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Government officials said the flaw is already being “widely exploited” by nefarious bad actors, meaning there’s a good chance anyone reading this is at risk. Here’s what you need to know. 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 →

Ocrolus will help Blend automate mortgage doc processing

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Cloud banking software provider Blend is turning to automation platform Ocrolus to help it classify documents and capture data submitted with mortgage applications. Continue reading →

Microsoft ups cloud capabilities for mortgage lenders

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Microsoft is bolstering its cloud capabilities with a new offering tailored to meeting the privacy, security and regulatory compliance needs of financial services companies. 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 →

Cloud providers are now big players in the mortgage process

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Cloud providers like AWS, Google Cloud and Microsoft Azure not only provide flexibility to scale, but have also developed proprietary AI and machine learning capabilities that can be customized to meet the needs of mortgage lenders. Continue reading →