How intelligent automation is taking mortgage processing to the next level
Learn how you can reduce error and delay while freeing up employees and resources on the mortgage process through intelligent automation
Attend this webinar to discover how intelligent automation optimizes the mortgage process by ensuring loan applications are complete and documents are automatically uploaded onto the loan origination system
Ensuring the loan origination process goes smoothly is a continuous challenge for mortgage lenders. Banks and financial organizations process hundreds of applications daily and with so many documents involved, the process requires significant manual effort and is prone to error and delay.
With the application of robotic process automation (RPA), organizations can automate interactions between critical applications, data entry and extraction, and reporting. Whether or not you use the most sophisticated loan origination system (LOS), and core banking systems, RPA can be integrated to eliminate and streamline business processes. As it builds upon existing technology, RPA can provide immediate relief for limited staff and remove the need for temporary workers as workload expands.
Intelligent document processing further accelerates and supercharges the mortgage origination process. By combining RPA with machine learning and artificial intelligence, organizations can eliminate costly steps like document classification, manual data entry and document analysis.
This webinar will offer a deep dive into key strategies for intelligent automation of the mortgage process and provide attendees actionable information on how this technique can assist in the reduction of errors and delays, saving time and resources.
Attend this webinar to discover how to:
- To integrate older, closed, non-API based systems with your modern applications.
- Identify tasks that could be performed by a bot instead of human officers.
- Use bots for underwriting tasks by reviewing documentation.