Business is booming.

Mortgage tech news roundup: Sept. 23

The upgraded version of AuditGenius leverages the company’s “Genius” tech stack – an interconnected and proprietary blend of technology – to help AuditGenius users to meet exceedingly stringent quality control requirements. At the same time, the technology is designed to reduce the need for excessive manual reviews and re-reviews.

“In the current mortgage market, lenders want to increase quality control without increasing the number of resources,” Rachael Harris, SVP of product management, said in prepared remarks. “By incorporating this foundational technology into AuditGenius, the idea is to enable meticulous, in-depth, pre-fund loan audits at scale, proactively capturing defects in the data and documents that may otherwise result in repurchase risk.”


Staircase launched a new tool designed to help private mortgage insurers instantly automate the underwriting of non-delegated mortgage industry policies for lenders, at what it claims will be half the typical cost.

Dubbed MI Underwriting, the tool fully automates the non-delegated underwriting process by pulling documents and data directly from lenders so insurers can make instant policy decisions. It also comes with built-in quality control reviews. In addition, it relies on technology from Staircase Loanboarding, which uses machine learning tools to transform raw loan documents into unstructured data.

Staircase is an API and low-code marketplace that automates complex technologies and makes them self-serve in the US residential mortgage industry.

Source link

  1. 토토사이트


    Mortgage tech news roundup: Sept. 23 – Finance Essence

  2. 신용카드현금화


    Mortgage tech news roundup: Sept. 23 – Finance Essence

  3. web page

    web page

    Mortgage tech news roundup: Sept. 23 – Finance Essence

Comments are closed, but trackbacks and pingbacks are open.