Argun Kilic

Mortgage Underwriting Automation

The benefits of speed, efficiency, objectivity, and the integration of AI position automated underwriting systems as a cornerstone of modern lending practices.

The mortgage underwriting process: what does it do?

Mortgage underwriting, a critical step in the loan approval process, involves a comprehensive evaluation of a borrower's financial profile. This scrutiny aims to determine creditworthiness and assess the level of risk associated with lending money for a home purchase.

What is Asset Analysis? How to Do It?

Asset analysis is an integral part of effective asset management, involving a detailed examination of various aspects of an organization's assets.

What is Income Analysis? How to Read an Income Statement?

Income analysis is a critical financial process that involves examining and evaluating a company's income statement. This analysis is essential for understanding the financial health of a business, providing insights into revenue generation, expense management, and overall profitability.

What is bank statement processing? How To?

Bank statement processing is the systematic and automated handling of financial data present in bank statements, a critical aspect of managing personal and business finances.

What is a bank statement? How to read?

A bank statement is a financial document provided by a bank to its account holders, summarizing the transactions and balances within a specified period.

How to use artificial intelligence in Automated Underwriting?

Automated Underwriting, powered by Artificial Intelligence (AI), has become a game-changer in the finance and insurance industries. In this comprehensive guide, delve into the workings of an automated underwriting system, uncover the scope of the automatic underwriting process.

Artificial Intelligence in the Mortgage Industry

The mortgage industry is undergoing a transformative shift with the integration of Artificial Intelligence (AI). This cutting-edge technology is revolutionizing various aspects of the mortgage process, from application to regulatory compliance.

What is Mortgage Automation?

Mortgage automation stands at the forefront of transformative forces within the financial industry, reshaping the traditional landscape of how mortgage processes are managed and executed.

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Unveiling Areal's AI-Powered Mortgage Game Changers: Watch the Recorded Webinar Now!

We are thrilled to share that the recorded version of our recent webinar, "Areal's AI-Powered Mortgage Game Changers," is now available for your viewing pleasure.

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Why We Measure AI and Humans Differently

Management is very difficult without measurement. In fact, it was business management godfather Peter Drucker who wrote: what gets measured gets managed.

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Seeing is Believing When it Comes to AI

When we launched Areal.ai as a no-code automation platform for the title and mortgage ecosystem, we were well received because no-code was already a thing that most technology executives in our industry were already familiar with.

Why Unrealistic AI Expectations Could Hold Some Lenders Back

The rapid evolution of artificial intelligence tools brings astounding new capabilities. However, thinking of AI like an augmented human worker and measuring accuracy the same way for AI and human workers risks saddling this technology with unrealistic performance expectations.

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The Rise of the Chief Innovation Officer

It used to be widely held that any advancement seen in any industry other than financial services would appear in our business in about a decade. It was a bit of a joke that banks and mortgage lenders could be counted on to “discover” something 8 to 10 years after everyone else started using it.

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See the AREAL.ai Team at MBA Annual Philly Event

There is no question about the fact that the annual convention of the Mortgage Bankers Association is the premier mortgage event each year. Thousands of people generally attend this important show and this year the team from AREAL.ai will be among those to come out for the event.

Come Out and See Areal.ai at ALTA One

While many in the industry are hunkering down and doing their best to survive the downturn, the team here at AEAL.ai, who are responsible for developing the leading no-code automation platform for mortgage and title workflows, are preparing to head out to ALTA One 2023.

Deed of Trust: A Comprehensive Guide for the Mortgage Sector

When it comes to the mortgage sector, there are various legal instruments and agreements involved in securing loans and protecting the rights of lenders and borrowers. One such instrument is the Deed of Trust.

3 Reasons Areal.ai is Leaning into Conferences

Business conferences and trade shows are excellent opportunities to sit down with existing customers, explore the needs of prospects and learn from some of the leading experts in the industry. Those benefits are threatened during industry downturns when conference attendance drops.

Bank Statements for Mortgage Applications: A Comprehensive Guide

When applying for a mortgage, one of the essential documents you'll need to provide is your bank statement. A bank statement serves as a financial record, showcasing your income, expenses, and overall financial health.

AI Will Finally Make Automation Work for Lenders

Traditional mortgage technology has reached its limit in terms of reducing the friction in the loan origination and closing processes. There just doesn’t seem to be a way to take more humans out of this work. Or at least there didn’t seem to be, until now.

Streamlining Your Loan Process with Mortgage Automation

In today's digital age, automation has revolutionized various industries, and the mortgage industry is no exception. Mortgage automation refers to the use of technology and advanced algorithms to streamline and optimize the mortgage process, from application to closing.

How Closing Disclosure Protects Mortgage Borrowers?

Buying a home is an exciting milestone in one's life, but it involves various complex processes, including obtaining a mortgage. As part of the mortgage closing process, borrowers are required to review and sign several important documents, including the Closing Disclosure.

AREAL.ai Execs to Attend ICE Technology Conference

AREAL.ai, the no-code automation platform for the title and mortgage ecosystem that makes it easy to reliably extract data from complex documents and integrate data with existing tools and workflows.

Press Release - AREAL.ai Recruits Product Manager to Growing Team

AREAL.ai, the no-code automation platform for the title and mortgage ecosystem that makes it easy to reliably extract data from complex documents, announced today that the company has hired Noah Cosentino as Product Manager for its industry solution.

5 Keys to Title Company Efficiency

Experienced title agency executives have seen downturns before and know, in general, what it takes to succeed as the business changes around them. The most important thing they will be seeking from their technology in 2023 will be efficiency.