Mortgage Data and Doc Processing

Gain Confidence in Mortgage Doc Processing

Launched in April 2020, LoanLogics IDEA™ OnDemand, was designed to improve the speed, accuracy, and affordability of in-line mortgage doc processing. At the time of launch and ever still so, this digital assistant plays an important role cutting through the immense industry volume by using automation, not people, to classify documents and extract data.  All in real-time! One of the…

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Mortgage Data and Doc Processing

Practical Applications for Machine Learning, Today and Beyond

LoanLogics is often asked for specific examples of where machine learning can make impact along the mortgage value chain and of course, as a regtech provider, we have found practical application in loan quality management.     Early application of machine learning technologies are being used for the creation of verified, validated data (or what we’ve termed “purified data”), that powers…

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Mortgage Data and Doc Processing

Boiling Down the Alphabet Soup of Intelligent Technologies

AI, ML, ADR, ADE, OCR.…with all these acronyms even the most tech savvy lenders need a little help boiling down the alphabet soup of technologies swirling around the mortgage industry these days.  Before you can truly understand how these intelligent solutions are solving the challenges in mortgage data and document processing, it’s important to understand the basics.  As such, we’ve…

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Mortgage Data and Doc Processing

Four Common Sources of Doc Processing Errors and How to Overcome Them

Today’s data and doc processing solutions have evolved beyond simplistic OCR solutions to include new machine learning and searching technologies. These new, state of the art technologies, significantly expand the number of documents that can be classified and read, as well as greatly increase the number of data elements that can be extracted using automation.  Machine learning, sophisticated data extraction…

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