Cost reduction is likely the primary motivation a company has to change its mortgage processing operations. Currently, most mortgage processing is manual and done primarily offshore. Offshore processing has certain risks for the lender or insurer but significantly reduces the overall processing cost. Even with the additional risk exposure that offshore coding brings, however, the cost to process a residential home loan including document classification, data extraction, analysis and underwriting can easily add up to several hundred dollars per loan. So this is a significant cost that could be greatly reduced with an automated solution.