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What Mortgage Bankers Can Learn from Amazon

Amazon is leading the charge in today’s on-demand economy, where consumers expect to get what they want when they want it. What makes Amazon so successful?

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5 Ways Automation Improves Mortgage Loan Processing

As our society becomes more dependent on mobile devices, it’s easy to think that paper is dead. Yet in industries such as mortgage, this could not be further from the truth. In fact, the loan process remains largely paper-based.

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What You Need to Know About OCR

Optical character recognition (OCR) can be traced as far back as a century when Emanuel Goldberg developed a machine that helped the blind read characters through telegraphic code. Since then, OCR has evolved into many applications for both businesses and consumers.

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TOPBOTS Releases Essential Landscape of AI Companies

TOPBOTS, a research and advisory firm focused on artificial intelligence technologies, released The Essential Landscape of Enterprise AI Companies for 2018-19. Enterprise companies make up a $3.4 trillion market worldwide with AI taking up an increasingly larger share.

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Preparing for Millennial Home Buyers

According to the U.S. Census Bureau, homeownership jumped one-tenth of a percent between Q2 and Q3. The increase is attributed to Millennials who are leaving the rental market to become first-time home buyers.

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SoftWorks AI Wraps Up Spring Trade Show Season

It’s been a busy few weeks for the SoftWorks AI team. On April 15-17, we attended the MBA Tech show in Detroit with leading banks and mortgage companies to learn about new industry challenges related to technology.

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