Exploring recent trends in digital originations for mortgage lenders, highlighting the role of fintech and AI in reshaping the lending process.
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Ocrolus, an artificial-intelligence document platform for lending decision makers, has rolled out Instant, which automatically provides analysis about financial documents. So reports MortgageOrb.
“Ocrolus has analyzed hundreds of millions of pages of financial documents, using AI working in tandem with human-in-the-loop data validation," Ocrolus CEO Sam Bobley said in a statement.
The company said Instant is intended to help lenders slash their application processing costs.
