Inventory
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Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
6.99%0.00
Awards

2020 HW Tech100 Mortgage winner: Black Knight

AIVA uses machine learning to improve mortgage originations

Black Knight’s AIVA is a state-of-the-art solution that leverages machine learning to help lenders tackle repetitive and manual tasks, freeing up employees to focus on high-value projects and interactions. She is always learning new skills, and the more she works, the faster and more advanced she becomes. AIVA uses machine learning to perform repetitive tasks associated with the mortgage origination process. AIVA can currently read and classify over 325 different types of documents, and this number grows each day as she works with industry-leading lenders.

  • AIVA significantly drives down the cost of origination for lenders – as much as $437 per loan using just a limited number of skills.
  • AIVA produces significant indirect impacts, including reduced error rates, increased loan quality and improved data consistency.
  • AIVA can perform the following manual tasks associated with origination: ordering tax transcripts and other assets, pre-approving and pre-qualifying borrowers, compiling loans into an indexed file, verifying insurance data, and reviewing assets and appraisals.

www.blackknightinc.com

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