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Capsilon Launches New Digital Mortgage Platform

NationalMortgageProfessional.com
Oct 19, 2017
Capsilon has announced the launch of the Capsilon Digital Mortgage Platform, powered by Intelligent Process Automation

Capsilon has announced the launch of the Capsilon Digital Mortgage Platform, powered by Intelligent Process Automation. The new Capsilon Digital Mortgage Platform uses Intelligent Process Automation to automatically complete key steps throughout the mortgage production process, from the initial loan application to delivery to investors.
 
“UWM shares Capsilon’s vision of how the mortgage industry needs to transform,” said Mat Ishbia, President and CEO of United Wholesale Mortgage. “We’ve partnered with Capsilon for years, and think their technology has been key to helping UWM become the number one wholesale lender in America.”
 
Unlike Robotic Process Automation which uses computer programs to mimic simple manual tasks, such as data entry, Intelligent Process Automation uses contextual artificial intelligence to understand which documents, data and rules are required to accomplish key tasks at every step of the mortgage production process, and automatically completes these steps. Human intervention is required only for items that fall outside of established parameters.
 
“The Capsilon Digital Mortgage Platform transforms the speed, user experience, and economics of the mortgage process,” said Sanjeev Malaney, Chief Executive Officer of Capsilon. “By leveraging the power of the cloud and intelligent process automation, the platform automates existing mortgage production and servicing processes into a modern digital factory that offers a true end-to-end digital process that delights consumers and gives mortgage companies a disruptive economic advantage.”


 
Published
Oct 19, 2017
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