United Wholesale Mortgage says it developed automated document recognition and processing capabilities in-house that allow for an initial mortgage loan approval in minutes.
Source: Inman News
Are 15-minute mortgage loan approvals the future?
Published in AI, Amazon Web Services, AWS, cloud computing, document processing, Google Cloud, Intelligent document processing, Mat Ishbia, Microsoft Azure, Mortgage, paperless, Rocket Mortgage, Technology, underwriting and uwm
More from AIMore posts in AI »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Why 88% of agent conversations never make it to the CRM
- What Starbucks, TikTok and Taco Bell can teach us about marketing
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- EXp digs at Compass during Q3 earnings as agent retention soars
More from Amazon Web ServicesMore posts in Amazon Web Services »
- Mortgage lenders are turning to AI to play in the big leagues
- The biggest mortgage, lending and housing finance stories of 2021
- New log4j cybersecurity flaw has exposed millions of users to hackers
- Guaranty Home Mortgage Corp. to automate doc processing with AI
- Ocrolus will help Blend automate mortgage doc processing
More from AWSMore posts in AWS »
- UWM and Google Cloud announce ‘strategic’ AI mortgage partnership
- Mortgage tech provider Gateless looking to ride automation wave
- The biggest mortgage, lending and housing finance stories of 2021
- Guaranty Home Mortgage Corp. to automate doc processing with AI
- Microsoft ups cloud capabilities for mortgage lenders
More from cloud computingMore posts in cloud computing »
More from document processingMore posts in document processing »
More from Google CloudMore posts in Google Cloud »
- Mortgage lenders are turning to AI to play in the big leagues
- UWM shrugs off $241M Q1 net loss on loan servicing writedown
- UWM expands its Rocket rivalry into mortgage loan servicing
- UWM and Google Cloud announce ‘strategic’ AI mortgage partnership
- CoreLogic snaps up mortgage technology provider Roostify
More from Intelligent document processingMore posts in Intelligent document processing »
More from Mat IshbiaMore posts in Mat Ishbia »
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
- Mr. Cooper shareholders approve merger with Rocket Companies
- Mortgage lenders are turning to AI to play in the big leagues
- Defying conventional wisdom, UWM grows mortgage refis
More from Microsoft AzureMore posts in Microsoft Azure »
- Mortgage lenders are turning to AI to play in the big leagues
- UWM and Google Cloud announce ‘strategic’ AI mortgage partnership
- Vaultedge now helping mortgage lenders automate in the cloud
- Mortgage tech provider Gateless looking to ride automation wave
- The biggest mortgage, lending and housing finance stories of 2021
More from MortgageMore posts in Mortgage »
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- How the 50-year mortgage could kill agent profitability
- Falling home prices leave nearly 1 million Americans ‘underwater’
More from paperlessMore posts in paperless »
- Industry mourns DocMagic founder and CEO Dominic Iannitti, 60
- Fully digitized closings can save lenders more than $400 per loan
- First American’s PRISM platform evolving beyond title insurance
- Paymints.io integrates into First American’s PRISM platform
- Borrower surveys pinpoint closings as problem area for lenders
More from Rocket MortgageMore posts in Rocket Mortgage »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Why 88% of agent conversations never make it to the CRM
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Fixer-upper or money pit? Key risks buyers face with aging homes
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
More from TechnologyMore posts in Technology »
- Zillow defends private listing rule, criticizes Compass in new filing
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Realtor.com puts ‘spotlight’ on listing agents with new feature
- Why 88% of agent conversations never make it to the CRM
- Real partners with MAXA Designs on agent marketing platform
More from underwritingMore posts in underwriting »
- Want more buyers? Choose a mortgage advisor, not a loan officer
- Fannie Mae and Freddie Mac are not accepting VantageScore 4.0
- Would-be homebuyers put off by higher mortgage rates
- Clear Capital’s latest innovation can help better mortgage underwriting
- How one simple question will transform how you serve your clients
More from uwmMore posts in uwm »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
- Lenders getting a jump on higher 2026 conforming loan limits
- Trump signs bill curtailing sale of mortgage trigger leads in 180 days
Be First to Comment