Solving the Post-Close Challenge with Intelligent Automation

Join our upcoming webinar as SoftWorks AI CEO and Avanze CEO explore the advances in tech that allow for greater levels of automation and cost reduction, especially in support of post-close and pre-fund review.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

Top CFPB official “hates” QM rules, jeopardizing safe harbo

A top CFPB official in charge of the rule-making process has heavily criticized the agency's own qualifying mortgage rule, jeopardizing safe harbor.

How borrower education can make housing more attainable

The current housing market is making it difficult for prospective buyers to afford a home. Housing professionals need to find ways to better meet buyer needs.

Demo Day

Mortgage Tech Demo Day: SourcePoint

SourcePoint

Loan Setup Digital Employee reduces the time it takes to complete traditional loan setup activity by 75%. It has the capability to classify / index documents accurately with a library of over 600 mortgage documents. It is configured to extract data fields from required documents and update/validate against the loan origination system. Capability to flag missing and incorrect documents to ensure greater success to loan set-up function.

Product Fast Facts

#1

Classification and indexing of documents in Electronic Document Management System.

#2

Extraction of data fields from documents.

#3

Updates LOS system with data extracted from documents.

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3d rendering of a row of luxury townhouses along a street

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