March 14, 2024
PROGRESS in Lending is proud to give Candor our Innovations Award. Candor Technology’s Loan Engineering System is in a category all its own called Mortgage Decision Sciences Technology. What does that mean you might ask? It’s the first of its kind machine to automate the costliest and most time-consuming portion of origination: the credit and information risk assessment conducted by underwriters.
With the power to automate the intellect and judgement required to make underwriting decisions, lenders can consistently originate high-quality, high-margin mortgage loans. With Candor Technology, lenders get the velocity to scale to meet any market cycle demand with no change in personnel. Candor is the only mortgage technology solution that offers Autonomous Intelligence, which most closely aligns with people’s perception of AI.