AIU - AI Automated Underwriting
Goal
- reduce the number of errors that are caught in our data after loans are funded.
- verify the documents that are required to go into the loan folder are present before loan docs are created.
- have ai review documents, populate fields in Data Atlas, and track whether loans are ready to fund
- simplify downstream processes (like loan grading) by guaranteeing information
Why?
In prior weeks, there have been many QC reports that were caused by input errors. Wrong date in insurance expiration fields, for instance.
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