Using AI in all the right places with Rick Roque and Andrew Maas
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Today, we welcome two wonderful guests to the Power House podcast: Rick Roque and Andrew Maas. Rick is the EVP of Retail Growth and Strategy at Sierra Pacific Mortgage with 20+ years in retail mortgage banking, acquiring, managing and growing production volume & market share in companies across the US. Andrew is the Co-Founder & CEO of Pointable, focusing on large-scale deep learning for spoken and written language tasks and has previously worked on data-centric deep learning approaches at Apple.
Both Rick and Andrew are going to be joining us as speakers in July for HousingWire’s AI Summit.
Clayton’s conversation with Rick and Andrew focuses on the adoption and use cases of artificial intelligence in the mortgage space. According to Rick, current mortgage boardroom sentiment toward AI is “complete confusion” and full of worry about how it will affect the bottom line. They want to demystify that. Strategic AI adoption will split lenders into two groups: those who leverage efficiency tools and those who don’t.
They also discuss practical use cases for AI in lending spaces, including streamlining lending workflows, time spent coaching and training, and even how consumers can benefit in discovering and understanding their loan options and application processes.
Here’s a glimpse of what you’ll learn:
- AI’s impact on the mortgage industry is significant, offering opportunities for efficiency and profitability.
- The confusion of implementing AI in mortgage is rooted in confusion and a lack of focus on future demands.
- AI has the potential to revolutionize the mortgage industry by addressing systematic inefficiencies and streamlining processes.
- There is a need for a shift in executive mentality and budgeting to incorporate AI into critical business needs.
Related to this episode:
The Power House podcast explores the most critical topics in mortgage, real estate and fintech. A new mortgage or real estate executive joins the show each week to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Clayton Collins and produced by the HW Media team.
