A look at Biden’s first week in office

This episode reviews last week’s inauguration of President Joe Biden, examining which housing issues the new administration has already taken action on.

Mortgage Tech Demo Day

Tune in to our live Virtual Demo Day on February 2nd to experience demos from the most innovative loan origination and valuation tech companies in the industry.

If consumers aren’t holding lenders back, then who or what is?

The challenge for lenders and investors is understanding how to meet borrowers where they are without layering on risk or getting bogged down in third-party intermediation.

HomeBridge’s Brian White on diversity at a practical level

HomeBridge's Brian “Woody” White discusses ways to increase diversity within the housing finance industry.

Awards

2020 HW Tech100 Mortgage winner: Black Knight

AIVA uses machine learning to improve mortgage originations

Black Knight’s AIVA is a state-of-the-art solution that leverages machine learning to help lenders tackle repetitive and manual tasks, freeing up employees to focus on high-value projects and interactions. She is always learning new skills, and the more she works, the faster and more advanced she becomes. AIVA uses machine learning to perform repetitive tasks associated with the mortgage origination process. AIVA can currently read and classify over 325 different types of documents, and this number grows each day as she works with industry-leading lenders.

  • AIVA significantly drives down the cost of origination for lenders – as much as $437 per loan using just a limited number of skills.
  • AIVA produces significant indirect impacts, including reduced error rates, increased loan quality and improved data consistency.
  • AIVA can perform the following manual tasks associated with origination: ordering tax transcripts and other assets, pre-approving and pre-qualifying borrowers, compiling loans into an indexed file, verifying insurance data, and reviewing assets and appraisals.

www.blackknightinc.com

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