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The AI in Lending Report
85 members โข Free
9 contributions to The AI in Lending Report
May 6 โขย
AIs We're Using
If you watch Brimma's posts here and on LinkedIn, here are some of the AI tools we are using to help us create content: The AI in Lending Report Podcast is generated with the help of NotebookLM. It has a bunch of related cool features where it can auto-create training guides...if anybody even uses those anymore ๐ Anyway, it did not take much tuning to have it auto-create our podcasts...and the AI hosts are much better than we are at keeping these moving along! We have used three different platforms to experiment with video creation. So far, the process that is giving us the best results is that we generate a storyboard and still images via a custom-trained ChatGPT that knows our brand and then we have one of these tools transform the stills into video: - Sora (built into ChatGPT): This one has given us the least usable results. It has seemed to be a little frenetic about how it interprets our prompts...almost like you have to fight the tool to get where you want. - Kling.ai: This gives you free credits, but the pay-for-credits model is way to expensive to make sense for what we do. Especially since it can take multiple iterations to get what you want. This video came from Kling. - Pika. This one does everything we want, and then some. It takes a prompt and applies it to transforming still images into moving images. This video came from Pika. Anyone using similar tools that they like?
1 like โข May 6
Just Tried out NotebookLM and it took a document explaining project governance and turned into a conversation. Wild! It did a really good job. I wish we had these tools sooner. It would have made life Really Easy!
Apr 9 โขย
Is It Time To Replace Your System Admin With AI?
Think your LOS admin team is irreplaceable? Think again. In this post we explore how AI isnโt just assisting system adminsโitโs starting to outperform them in key areas like compliance, configuration, and bug triage. From decoding release notes to automating repetitive tasks, todayโs AI tools are redefining what good looks like in mortgage operations. If you're still scaling by adding headcount, this is your wake-up call. Discover what leading lenders are doing differentlyโand why standing still might be your biggest risk. Read Full Article
1 like โข Apr 9
This has always been the goal of Small Banks and Mortgage Sales companies (not large Banks) . They are not tech firms and often don't have the infrastructure to ebb and flow with the demands of system changes and updates. Often they would contract Admin work out to specialty companies to reduce some of the risk, but then the Out Of Box LOS solution is something they would be forced to be satisfied with. Customization of the systems creates the need for Tech Admins. The long play has always been a more automated and intuitive approach that AI tools dangle in front of these companies. The proof is in the deployment. IF it works and companies can reduce staffing in this area, the only real risk is (to coin the 80's Police album and the 1949 theory) the Ghost in the Machine. If AI is learning will it create its own "glitch's" or "Bugs" because it is trying to apply reasoning, based on available data, that is past the expectations of the original intended use. This will make it very hard find these bugs,...... thus the need for smart tech people. Could be a while before we want to send our smart tech people down the road.
Apr 4 โขย
POLL: If rates drop 1 point...
Per the article below from CNBC, some say the Fed rate could be lowered by a full one point later this year. If that happens, what WILL lenders do? Mortgage rates tumble on tariffs, but housing costs still near record high
Poll
5 members have voted
1 like โข Apr 9
I said "Add tech..." but what they really should be doing and should HAVE BEEN doing is adding Tech along with AI to bridge the gap to the future state of the business. The industry wont stay down for much longer .... if at all.
Apr 9 โขย
Example AI Call Agents
Check-out https://www.retellai.com/ It has multiple pre-made demo agents that can call you and let you interact with them.
1 like โข Apr 9
Well that seems pretty interesting.... I will let you know what I think once I have put it through some "rigorous" testing :)
Mar 31 โขย
Impact of Mr Cooper acquisition on its tech resources
Mr Cooper sees itself as something of a technology company. Will Rocket's acquisition of Mr Cooper:
Poll
6 members have voted
1 like โข Mar 31
They will leverage the tech internally as well as make it easy for IMBs to deliver loans to them through Wholesale...... Eventually folding them into retail and pressuring smaller IMBs to leave the market. IMHO
0 likes โข Mar 31
After further thoughts..... Maybe the tech is already in Rockets hands and they truly needed to complete the soup to nuts experience by providing servicing.
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Active 135d ago
Joined Mar 19, 2025
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