Blog Post

Taking HMDA Reporting from Hassle to Harmony

Taking HMDA Reporting from Hassle to Harmony

June 25, 2021

Meeting HMDA reporting requirements doesn’t have to cost an arm and a leg—nor does it have to distract your team from growing business and making money.

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Taking Flight in the Cloud

Taking Flight in the Cloud

June 14, 2021

It’s hard to imagine a faster way to process loan documents than through automated mortgage document indexing (ADR) and automated data capture technologies, which are capable of “reading” entire pages of information in milliseconds.

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Northpointe Bank Case Study

Northpointe Bank Case Study

June 7, 2021

Northpointe Bank Case Study Northpointe Bank This nationwide correspondent lender needed a solution to replace its manual loan indexing and data capture processes, which were prone to error and creating excessive labor costs. Solution After an exhaustive evaluation process, Paradatec was determined to be by far the fastest OCR and ADR technology on the market. […]

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How New is AI in the Mortgage Industry, Really?

How New is AI in the Mortgage Industry, Really?

June 1, 2020

Our technology can process roughly 3,600 pages per hour per processor core scaling almost infinitely, which is at last five times faster than any other product on the market today.

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