AI agent platform promises to transform mortgage operations
The tool is being touted as the mortgage industrys first AI-powered co-pilot capable of taking over many of manual repetitive tasks.
Theoris Software Launches AI Platform to Revolutionize Mortgage Operations
Florida-based Theoris Software has unveiled a new artificial intelligence (AI) platform, AI agent, which it claims could transform how mortgage companies handle operations. The platform introduces a digital agent named Alpha7x that automates key processes across the mortgage lifecycle.
Key Features of Alpha7x
- First AI-Powered Co-Pilot: The tool is being touted as the mortgage industry’s first AI-powered "co-pilot" capable of taking over many manual, repetitive tasks that typically burden loan officers, servicers, and back-office staff.
- Cost Reduction and Compliance: Theoris claims Alpha7x can help lenders significantly reduce operational costs and improve compliance by automating tasks such as data entry, document review, and regulatory tracking.
- Seamless Integration: Alpha7x is designed to plug directly into existing platforms without the need to replace core infrastructure. The software integrates with widely used loan origination systems and servicing tools.
Industry Impact
Jim Cutillo, founder and CEO of Theoris Software, stated, "AI is no longer just a tool, it’s a workforce. Alpha7x redefines what’s possible by giving lenders and servicers an intelligent co-pilot to drive efficiency, reduce risk, and unlock new levels of scale."
According to Theoris, inefficiencies including legacy systems, siloed data, and rising labor costs contribute to more than $300 billion in avoidable annual expenses across the sector.
Advanced Capabilities
- Regulatory Awareness: Alpha7x includes built-in regulatory awareness, drawing on a knowledge base of investor guidelines and underwriting requirements.
- Real-Time Analytics: The software uses real-time analytics to flag potential risks and bottlenecks for human oversight.
- Productivity Gains: Theoris says the system can deliver up to sevenfold productivity gains in specific tasks and cut operational costs by as much as 60%.
Future Outlook
"This is the beginning of a new era for the mortgage industry," Cutillo added. The launch of Alpha7x marks a significant step toward leveraging AI to streamline operations and reduce costs in the mortgage sector.
For more information, visit Theoris Software.
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