The benefits of leveraging artificial intelligence and machine learning in mortgage are expansive. We’ve discussed it in a number of LoanLogics blog posts throughout 2019. To summarize, they help today’s originators analyze large data sets, automate decisioning and eliminate a wide range of manual tasks. Perhaps most critical is how they can help originators streamline document processing to lower manufacturing…
Author: Dave Parker
Dave Parker is EVP, Product at LoanLogics. In this role, he is responsible for defining and executing the vision and direction of the company's product portfolio and go-to-market strategy to rapidly grow sales, customer engagement, and retention. This includes oversight of the company's product management, sales, and marketing functions. He is also responsible for designing new solutions for the industry's current challenges, while positioning LoanLogics for the market's future demands.
Trick or Treat: Don’t Be Fooled by these AI and Machine Learning Urban Legends
A lot has been said about machine learning and artificial intelligence (AI) regarding the sweet rewards they will bring to the mortgage industry but understanding the potential can be tricky to navigate. Before we get into dispelling the tricks or treats of some popular urban legends, here are a few quick definitions of AI and machine learning for context. AI…