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Can A.I. Fix Income Calcs For Mortgages? Funny You Should Ask

Fannie Mae's Lender Sentiment Survey has foreshadowed the growing attention to automating the loan approval process.  That survey underlined the extent to which lenders are viewing increased efficiency as key to reversing their declining profitability expectations. Freddie Mac has talked about the growing need for lenders to embed artificial intelligence (AI) into their internal operations and now CoreLogic has jumped in with a specific area in which it sees a need for streamlined software, borrower income verification.

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