Mortgage

2018 HW Tech100 Winner: Ephesoft

Loans are classified and organized faster and more accurately than by a human

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Ephesoft

Lending

With some loans exceeding 1,000 pages and hundreds of document types, manual classification of these documents is time-consuming and labor intensive. Ephesoft identifies, classifies and organizes loans faster and more accurately than any human.

In fact, customers report the ability to process at over 20 times the speed of manual human classification. No barcode separator sheets are needed for document identification, unlike other systems. Ephesoft’s mortgage data extraction can identify, extract and validate hundreds of key fields within a package in a fraction of the time and cost of manual data entry.

ephesoft.com

Latest Articles

Wells Fargo loosens jumbo lending requirements for current customers

Wells Fargo announced updates to is non-conforming refinance products at the beginning of July. While the updates loosen the jumbo requirements for current customers, the new standard for customers without a Wells Fargo relationship increased four times the amount it originally announced back in April.

Jul 09, 2020 By
3d rendering of a row of luxury townhouses along a street

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