Can AI make the mortgage market easier for lenders and borrowers? Matt Sanchez of Cognitive Scale explains how..
With interest rates rising and the economy slowing, the world of credit is getting a lot harder for both lenders and borrowers — and that’s especially painful in the mortgage market, given how high house prices are. Matt Sanchez, Founder and CTO of CognitiveScale thinks that Artificial Intelligence can help: it can help loan officers identify potential borrowers ahead of time, and it can help borrowers get access to the right mortgage offers. Can it also help make the lending process more fair? Matt , an IBM veteran and a board member of the Responsible AI Institute, believes it can. In this talk with hosts Michael Leifman and Marco Annunziata, Matt explains the value that CognitiveScale’s TrustStar solution brings to the table, and how. TrustStar is only one of the AI solutions developed by CognitiveScale, so you may hear more from Matt…