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Artificial Intelligence and Machine learning mortgage to revolutionize the mortgage industry.
Technology has played a dominant role in UK’s mortgage origination. It has automated most of the processes and has made the entire system more efficient.
The COVID-19 pandemic had a significant impact on the UK mortgage lending market.
Documents are an integral part of the loan origination process. Borrowers send in their applications and documents that contain information on their personal and financial details.
A lot goes into buying and building your dream home or establishing your business from scratch. Loans and mortgages provide a significant boost to your finances that help you make your house or your business.
The mortgage industry is a vital part of the United Kingdom’s house transaction system.
The electronic prefix ‘e’ has seamlessly attached itself to the United Kingdom (UK) mortgage origination industry.
The novel coronavirus has had a major impact on every industry and sector, including the housing and mortgage market in the United Kingdom (UK).
When one considers the top view of the mortgage industry, it is difficult to comprehend its associated carbon footprint.
For a very long time, the mortgage industry in the United Kingdom (UK) has pretty much remained the same.
Problems in the validation of mortgage origination documents
These are the typical ads that give loan borrowers the hope of getting loans in short periods, which eventually lead to utter disappointment due to the lengthy lending applications and underwriting process.
Last week Digilytics AI concluded its webinar series on Intelligent Affordability Services. The feedback was overwhelmingly positive.
In May 2020, the Bank of England warned that the UK economy is facing the sharpest downturn since 1706.
Mortgages are essential to both consumers and financial institutions. Unfortunately, the mortgage lending process is very complex and involves numerous manual interventions.
With the world evolving at a rapid speed, mortgage lending has progressed haphazardly. The current origination process across lenders in the mortgage industry is lengthy and frustrating.
In this interview, you’ll get an experts view on what COVID-19 means for mortgage lenders and how businesses offering a mortgage service should look at the current market.
In the current age of terabytes & petabytes, every organization is striving to drive business value with data backed insights. BI has become the go-to strategy for every future-proof business - be it the HR in an industrial goods company, the customer support in a financial institution or the marketing team in a professional services firm.
A seamless cloud-based loan origination system providing real-time insights and recommendations and making business operations transactions intelligent and more effective.
DigiMod enables classification and provides decision support in an explainable manner (Xplainable AI)