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Friday Harbor, a New AI-Powered Lending Document Platform, Sees $6 Million Seed Round

Appraisal Buzz

With Friday Harbors platform, lenders of all sizes can leverage AI to read and interpret borrower documents, generate a borrower-specific needs list, underwrite files and flag potential conditionsall in real time, the firm says in a release.

Lending 221
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Ocrolus debuts Inspect, a new AI-driven mortgage solution

Housing Wire

Mortgage tech firm Ocrolus has introduced Inspect, a new solution within its artificial intelligence -driven mortgage document automation technology, which the company said will improve efficiency and scalability in loan origination. Currently, Ocrolus supports more than 95% of mortgage document types.

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6 ways title companies can harness AI

Housing Wire

Document management Did you know that, on average, employees spend nearly 20% of their workday searching for information? For title professionals who must manage property records, closing statements and other critical documents, this time adds up. This might include documents like deeds and title policies.

Tools 430
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Understanding the Surge in Title Fraud—And How to Prevent It

Appraisal Buzz

She falsely claimed the property was collateral for an unpaid loan, using fake loan documents and a fabricated foreclosure notice in a Memphis newspaper. The scheme unraveled when it was discovered the loan documents contained falsified notarizations, leading a judge to halt the sale.

Legal 397
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The best real estate transaction management software for 2025

Housing Wire

Dotloop simplifies the creation of contracts and document management all in one place by creating a centralized workspace. With features like document storage, audit trails, and customizable checklists, its built to handle transactions efficiently without overwhelming users. Everyone involved in a transaction can collaborate.

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Are Homebuyers Satisfied With Advances in AI? 

Appraisal Buzz

Nearly half (46%) said their loan officer contacted them directly via phone or email when additional information or supporting documents were required. The survey results highlight an important nuance in consumer expectations during the mortgage process,” added Moskver.

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Younger homebuyers have concerns over AI’s role in the mortgage process

Housing Wire

Homebuyers received real-time updates on loan status, automated document submission and access to e-signature tools. Digital document submission tools stood out as the most valued among homebuyers, with 91% using these features to update all of their documents.

Mortgage 441