Chris Wiley

Ethical considerations in AI-driven underwriting are crucial to the evolving technological landscape. In this world, decisions impacting financial opportunities are made by algorithms and data. While the efficiency and speed of AI-driven underwriting are exceptional, the ethical implications play a vital role. Let me take you through a journey of the complexities of AI in […]

Imagine your mortgage application being evaluated by a super-smart computer. That’s AI! It’s like having a brainy assistant who can quickly analyze tons of information. Traditionally, people would decide if you could get a mortgage based on their experience and gut feeling. But now, AI helps with this. It’s like blending old wisdom with new

The AI-assisted real estate market has seen exponential growth in recent years and is expected to grow from $164.96 billion in 2023 to $ 731.59 billion by 2028 with a compound annual growth rate (CAGR) of 34.0 %. More details The attribution of AI in the growth rate includes market analytics, chatbots, virtual assistants, market

TechMor plays a critical role in revolutionizing the mortgage underwriting process in today’s rapidly evolving financial technology. However, TechMor AI’s platform offers more than just loan underwriting. TechMor has over 17 years of experience in creating/cataloging underwriting guidelines with artificial intelligence and machine learning. TechMor services enhance the mortgage processing lifecycle. Let’s discuss some additional

Imagine applying for a home loan and getting approved in a fraction of a second. That’s the magic of Artificial Intelligence! It’s changing how loans are approved, making it faster and more accurate. Think about how stressful it can be to wait for a loan decision, especially for something big like buying a house. Traditionally,

Imagine applying for a home loan and getting approved in a fraction of a second. That’s the magic of Artificial Intelligence! It’s changing how loans are approved, making it faster and more accurate. Think about how stressful it can be to wait for a loan decision, especially for something big like buying a house. Traditionally,

Today, let me introduce you to the tech superstar of mortgage underwriting – Artificial Intelligence! The hero of home loans helps make things faster, wiser, and more precise. But just like any superhero team-up, there are hurdles. Questions of ethics, transparency, and the human touch in decision-making significantly shadow this technological marvel. Yet, despite these

Change is a part of human evolution. Being open-minded and accepting change is essential to survive as the fittest. Similarly, try to view technology as a part of your life that eases your workload, and don’t fear it will replace you. Nowadays, AI extends its hand to every domain and has become an essential element.

Have you ever wondered how banks decide on approving or disapproving someone’s home loan? It’s like putting together a puzzle, where the pieces are financial details, and the big picture is the risk involved in lending money. This risk analysis is crucial because it determines who gets approved and at what interest rate. Here, Artificial

Owning a home is still the most significant achievement for many people who have dreamt of it for a long time. The increasing aspirations of home ownership increase the need for robust security measures in mortgage loan applications.  Artificial intelligence redefines the way fraud detection happens in mortgage applications. It makes the process even more