Paradatec, an AI-based document classification and data extraction technology company for mortgage loan processing, is joining CoreLogic to support CoreLogic HMDA Check, a loan auditing tool that leverages automation to help lenders comply with the Home Mortgage Disclosure Act (HMDA). CoreLogic is a global property information, analytics and data-enabled solutions provider.
CoreLogic HMDA Check leverages Paradatec’s optical character recognition (OCR) data extraction technology to help automate HMDA reporting. Paradatec’s AI-based document classification and data