NEW YORK--(BUSINESS WIRE)--TRUE, the leader in lending intelligence, today announced the availability of the TRUE Mortgage Operations Service (MOS) platform. This industry first MOS platform uses proven AI capabilities from TRUE to highly automate data driven and operational workflows that power leading POS and LOS platforms, which dramatically reduces document to decisioning time and related operational costs to a fraction of what was traditionally experienced across the lending industry.
The TRUE MOS makes mortgage lending easy and cost efficient so lenders can scale their business, do more with less, and deliver exceptional borrower experiences. TRUE MOS intelligently turns borrower documents into clean, trustworthy data, and automatically analyzes lending information so mortgage processing can be quick, cost effective, and accurate. From documents to decisioning, The TRUE MOS eliminates 80% of manual workflows — tripling productivity across the lender’s organization, while creating a frictionless customer experience.
Now, lenders will be able to free their mortgage processing teams and operational staff to focus on growing revenue, reducing risk, and building stronger customer relationships, instead of fixing data and pushing paperwork.
What makes the TRUE Mortgage Operations Service (MOS) a game changer?
- AI powered intelligent assistants, trained to assist loan officers, mortgage processors, and underwriters to quickly analyze bank statements and borrower income, while setting up critical mortgage processes.
- Delivers a fully integrated and highly interoperable digital data pathway between POS and LOS platforms used throughout the mortgage industry, without the need for manually powered data perfection and processing workflows.
- By leveraging AI, trained in the lending lifecycle, the TRUE MOS eliminates the need for last generation automation technology and stare and compare processes, that requires large amounts of manual oversight, inefficient workflows, and often the need for offshoring.
“TRUE makes lending effortless with the industry’s first and only AI-powered platform that automates mortgage production — from docs to decisioning,” said Dr. Ari Gross, CEO of TRUE. “The TRUE MOS rapidly transforms borrower information into actionable data, designed to automatically power operational workflows across the mortgage manufacturing process. This truly is an industry first and core to the TRUE mission to help transform and digitize the mortgage lending industry. Finally, the lending industry will have mortgage data they can trust, and intelligent automation they can count on, which has eluded lenders for decades and is now made possible with the TRUE MOS platform.”
To learn more about the TRUE Mortgage Operations Service (MOS) platform, visit TRUE at: https://www.true.ai
About TRUE
TRUE is a software solutions company and AI lab that helps lenders harness the power of artificial intelligence to rapidly process lending data and accelerate the time it takes to make accurately informed lending decisions. Since 2017, our technology has set the industry standard for intelligent lending technology, delivering results that provide a true competitive advantage. Every day, lenders across the industry use TRUE to increase their revenue, reduce risk, and deliver a truly exceptional experience to their customers.
Learn more at www.true.ai.
