Google Cloud has launched Lending DocAI, a tool that will automate the mortgage document processing. The tool will help mortgage companies speed up the process of evaluating a borrower’s income and asset documents, using specialized machine learning models to automate routine document reviews.
Lending DocAI provides industry-leading data accuracy for documents relevant to lending. The tool will reduce processing time and streamline data capture while supporting regulatory and compliance requirements.
Interested in staying informed on the latest Product Launches?
Intellizence is an award-winning AI-powered business signal intelligence platform, that helps you to discover sales and risk signals in target companies as well as stay informed about emerging industry trends and regulatory changes.