November Demo Day: Intelligent Quality Control by Blend
Intelligent Quality Control
Blend’s AI-powered Intelligent Quality Control product enhances loan quality control, helping QC analysts detect issues more efficiently. It applies digitized underwriting guidelines to loan data and documents and provides step-by-step validation and reasoning, enabling the QC analyst to focus on areas of high judgment. This ensures a comprehensive, accurate, and efficient pre-funding review process, reducing review times, mitigating risks and increasing profitability for lenders.
Product Fast Facts
#1
Auto-classifies document type and auto-populates document description
#2
Reduces time spent on time-consuming QC checks, like checking for large deposits
#3
Reduces frequency of common, avoidable loan errors, like missing proof of residency
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