Ocrolus debuts Inspect, a new AI-driven mortgage solution by James Kleimann for HousingWire

HousingWireHousingWire Mortgage tech firm Ocrolus has introduced Inspect, a new solution within its artificial intelligence-driven mortgage document automation technology, which the company said will improve efficiency and scalability in loan origination. Inspect helps to “expedite loan processing and reduce origination errors by automatically identifying and resolving data discrepancies between borrower-submitted documents…

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MISMO reverse mortgage work group on track to deliver new standards by Chris Clow for HousingWire

HousingWireHousingWire The Mortgage Industry Standards Maintenance Organization (MISMO)’s dedicated reverse mortgage development work group is targeting January 2025 as the release window for reverse mortgage standards it is helping to develop. Industry professionals hope these standards can go a long way toward normalizing reverse mortgage products within the mainstream lending…

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How to leverage a growth mindset to drive our industry (and your business!) forward by Stuart Sim for HousingWire

HousingWireHousingWire I have attended several industry events recently and so many of the discussions continue to focus on the short game—top of funnel. I find myself wondering after all these years and despite abundant real estate tech innovations to support the entire buyer/seller lifecycle, are we stuck as an industry…

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Is technology the problem, not the solution, in the mortgage industry? by Ryan Colkitt for HousingWire

HousingWireHousingWire The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. Companies still grapple with cyclical hiring and firing, and the anticipated return on investment (ROI)…

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