For the last decade, Sridhar Sharma has served as the executive vice president and chief information officer at Mr. Cooper, powering innovation, operational excellence and scale to propel the organization’s growth in becoming the largest servicer with over $1 trillion in mortgage loans. With more than 20 years of experience in leading technology and product engineering, Sharma is at the forefront of Mr. Cooper’s transformation, and in turn that of the wider mortgage industry, developing cutting-edge solutions and driving visionary leadership. Under Sharma’s guidance, Mr. Cooper is spearheading the digital transformation of the mortgage industry to pave the way for a smarter, more efficient future that will keep the dream of homeownership alive for more people.
Under Sharma’s leadership, Mr. Cooper partnered with Google to create Pyro AI, its award-winning, patented mortgage-centric AI solution. The platform digitizes and optimizes processes such as classifying documents, extracting data and predicting fees using machine learning (ML) throughout the entire mortgage lifecycle. Mr. Cooper typically ingests hundreds of thousands of documents when doing business on any given day. Pyro can scan and read these documents using mortgage-specific learning models, harnessing AI to recognize and classify the data and populate it directly into its system. This ML model processes more than 2,200 pages per minute and classifies documents into groups/categories with more than 97% accuracy so the entire Mr. Cooper team can focus more time and resources on customers rather than paperwork.
Mr. Cooper’s AI-driven platform, built by Sharma and his team, is driving innovation and digital transformation, enhancing both customer and team member experiences while creating efficiencies across all facets of the home ownership journey.
What’s the best piece of advice you’ve ever received?
Don’t send an email when you’re angry — you can type it out but wait 24 hours before hitting send. You’re likely to tame your response and mood by that time.
Name:
Sridhar Sharma
Title:
Executive Vice President and Chief Information Officer
Company Name:
Mr. Cooper Group
