Understanding Today’s Connected Borrower

Sign up for this webinar to learn how to transform the borrower journey from transaction to relationship and gain a significant lift in production in today’s digital lending environment.

RealTrending: eXp’s Glenn Sanford reveals what’s next for company

CEO of eXp World holdings addresses his critics about his agent referral program, where he is taking the company next and growth limiters for the brokerage.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

Should lenders look to non-QM when the refi boom slows?

Angel Oak shared with HW how non-QM lending could be an effective way for lenders to replace lost business in the event of a refi boom slowdown.

Awards

2020 HW Tech100 Mortgage winner: AI Foundry

Using AI to automate mortgage document processing

AI Foundry uses artificial intelligence, machine learning and computer vision to automate mortgage document processing. This significantly improves operational efficiencies and reduces the overall cost to manufacture a loan. It can speed mortgage document processing from the industry average of three to four weeks down to just a matter of days. AI Foundry’s vision is to help lenders provide a much faster pre-approval and underwriting approval process for its customers.

  • Radius Financial Group said AI Foundry’s Agile Mortgages has improved the company’s document recognition and reading accuracy rate from 40% to about 85%
  • It is only a matter of time until Agile Mortgages is so reliable that it will be able to approve and issue some portion of home loans with no human assistance
  • Using AI Foundry, Radius has been able to reduce their loan manufacturing costs by 70%

www.aifoundry.com

Most Popular Articles

Here it is: A bill to help first-time homebuyers

The newest iteration of a first-time homebuyer tax credit has several significant restrictions. And it’s not a tax credit.

Apr 15, 2021 By
3d rendering of a row of luxury townhouses along a street

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