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Digilytics AI
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- The green way of defining AI in mortgages
- UK Mortgage Market: Tackling COVID-19 Through AI-Based Solutions
- Revolutionise Mortgage Document Classification with Digilytics AI
- Digilytics RevEl’s One-Shot Learning Technology is the Right Way Forward - How One-shot learning is Different from Horizontal Optical Character Recognition Capabilities?
The green way of defining AI in mortgages
When one considers the top view of the mortgage industry, it is difficult to comprehend its associated carbon footprint. After all, it primarily involves a few transactions and some amount of paperwork, right?
Wrong.
Dig deeper into the ecosystem, and you will discover the impact of offices, computers, data centres, paper mails, and travel - each of these elements contributing to the overall carbon footprint in one way or another.
Read more here.
UK Mortgage Market: Tackling COVID-19 Through AI-Based Solutions
The novel coronavirus has had a major impact on every industry and sector, including the housing and mortgage market in the United Kingdom (UK). Both the buyer as well as the lender have been affected by COVID-19.
Due to lay-offs, furloughs, and pay cuts, house owners suffered from mortgage debt. On the other hand, Lenders witnessed a drastic drop in mortgage transactions, as many people refrained from buying houses.
But with the ease in lockdown restrictions and the multitude of cases decreasing due to vaccinations, the loan origination process has seen a substantial recovery in its numbers.
Read more here.
Revolutionise Mortgage Document Classification with Digilytics AI
The United Kingdom's (UK) mortgage market reached 1.66 trillion euros of outstanding residential mortgage lending in the fourth quarter of 2020, leading all the other European countries.
But the mortgage origination process in the UK isn’t a bed of roses for the buyer or lender. The entire process consists of various steps, from processing the applications to the final acceptance and funding stage.
Read more here.
Digilytics RevEl’s One-Shot Learning Technology is the Right Way Forward - How One-shot learning is Different from Horizontal Optical Character Recognition Capabilities?
The electronic prefix ‘e’ has seamlessly attached itself to the United Kingdom (UK) mortgage origination industry. E-mortgage makes processes like application, underwriting, and funding time-saving, accurate, and reliable than the traditional mortgage system.
Mortgage products like Digilytics RevEl use artificial intelligence to process and classify documents. It also helps underwriters in making effective decisions based on the borrower’s information.
Read more here.
While you are here, other top articles you might be interested in
- All about One-shot Learning AI technology and its impact on the UK Mortgage Market
- A change in technology is coming to the UK Mortgage
- 3C checks: The Digilytics Art of validating mortgage documents
- Tech Enablers in the Mortgage Industry
- The Future of Computer Vision, Machine Learning and Artificial Intelligence in Mortgage Industry