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Technology changes all aspects of human life and makes the business world's transformation to globalization and digitalization easy. The re-surging artificial intelligence plays a vital role in mortgage loan origination for reducing manual errors to speed the lending process and reduce fake chances. Reducing repetitive, mundane manual tasks provides granular visibility for augmenting decision-making. With its capability to extract data from documents and map it into the many relevant fields of the mortgage loan origination system, it validates the data and does annotation checks on the documents. Hence, the demand for the original AI-powered mortgage loan product is rising as it improves the lender-customer relationship, provides accuracy, reduces cancellations, and increases employees' productivity and repeat.
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