A host of offerings that utilize artificial intelligence to help mortgage firms become more efficient, cut costs and reduce risk have been recently launched. But there are some caveats.

The former chief executive officer of Answers.com, David Karandish, has created Jane.ai, “the first-ever all-encompassing artificial intelligent workplace team member.”

According to the St. Louis-based company, the system comprehensively connects company information across platforms, applications, teams and databases to access and share instant responses.

In the mortgage industry, the technology promises to transform work for mortgage professionals by unclogging workflows and creating more time for customer engagement and retention.

Source: Mortgage Daily