Pricing exceptions are widespread in mortgage — and so are the regulatory risks

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TRUE

HW Tech100

TRUE Tech 100 Mortgage

TRUE’s advanced AI technology creates error-free data that powers smart, reliable decisions and optimizes every step of the lending lifecycle. It helps lending organizations rapidly process loans, drastically cut costs and reduce risk and radically improve the customer experience. The platform analyzes every data point in every document to uncover inconsistencies and risks, and it provides an unparalleled, holistic understanding of your borrowers.

Sound lending decisions depend on the integrity of borrowers’ data. TRUE offers the only AI solutions — Trapeze and VerifAI — capable of full automation and proven 99% accuracy. Trapeze works throughout loan origination, ensuring the quality of the docs-to-data conversion at the outset and checking for any anomalies in the data before manufacturing moves to the next stage. VerifAI is used by loan servicing businesses, allowing them to examine the quality of entire portfolios — not just limited samples — in hours rather than days.

Company Website:

https://www.true.ai

Markets Served:

Loan Origination, Servicing, Secondary

Company HQ:

Forest Hills, NY

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

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