Despite advances in AI, the adoption of AI in the mortgage industry is fairly low at the time of this paper’s publication. There are questions about how AI can successfully be applied in this industry for business gains and improved outcomes. This white paper explains various key aspects of AI to be considered, where AI has significant promise for the lending industry and how Tavant is leveraging these technologies to help mortgage professionals.
Publisher: Tavant
Date: October 2019
The mortgage rate “lock-in” effect has been hotly debated. Experts have vehemently disagreed on the timing, drivers and implications of mortgage rate lock-in. This effect is explained as a phenomenon where homeowners with low mortgage rates are unwilling to sell and purchase another home with elevated mortgage rates. That we can agree on. But what […]
Zeb Lowe: How do you feel about the manner companies in this industry are approaching technology in today’s market? Merrick Lackner: It’s no secret that companies are looking to reduce operating expenses, and automation plays an integral role in accomplishing that. The danger of automation-first thinking is it often comes at the cost of the […]
