New AI tool stops $2M in mortgage fraud at JMAC Lending
12% of loans processed through Ocrolus platform contain suspicious activity
Mortgage lenders say they are already benefiting from Ocrolus’ new AI tool for fraud detection as the fintech works to address bottlenecks across the loan life cycle. Ocrolus this month launched its Detect tool to combat increasingly sophisticated fraudsters using AI to make phony pay stubs, W2s and other application documents, General Manager of Mortgage Nadia […]
