"Blend's AI-powered Intelligent Quality Control product enhances loan quality control, helping QC analysts detect issues more efficiently. It applies digitized underwriting guidelines to loan data and documents and provides step-by-step validation and reasoning, enabling the QC analyst to focus on areas of high judgment. This ensures a comprehensive, accurate, and efficient pre-funding review process, reducing review times, mitigating risks and increasing profitability for lenders."
"Auto-classifies document type and auto-populates document description Reduces time spent on time-consuming QC checks, like checking for large deposits Reduces frequency of common, avoidable loan errors, like missing proof of residency Intelligent Quality Control by Blend November Demo Day: Dara Invoice by Sagent Dara Invoice Dara Invoice streamlines invoice management between servicers and their default servicing partners. It automates the invoice-review process by applying investor guidelines and servicer-specific business rules, helping organizations improve efficiency, minimize errors, and accelerate payments."
Blend's AI-powered Intelligent Quality Control applies digitized underwriting guidelines to loan data and documents and provides step-by-step validation and reasoning. The system auto-classifies document types and auto-populates document descriptions, reducing manual document handling. The product reduces time spent on time-consuming QC checks such as large-deposit verification and decreases common avoidable errors like missing proof of residency. QC analysts can concentrate on high-judgment areas, enabling a comprehensive, accurate, and efficient pre-funding review that reduces review times, mitigates risks, and increases lender profitability. Dara Invoice automates invoice review using investor guidelines and servicer-specific business rules, supporting over 30 invoice types and accelerating payments.
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