Case Study

Homepoint cuts purchase review time by 33% with AIQ by ICE Mortgage Technology

Homepoint cuts purchase review time by 33% with AIQ by ICE Mortgage Technology

Profile • Homepoint • Ann Arbor, Michigan • Wholesale, delegated and non-delegated correspondent, servicing Challenge Reduce amount of time operations staff spends manually comparing and inputting loan document data. Results • Boosted productivity by 33% • Can now compare 500+ fields from loan documents for accuracy • Reduced errors and lower risks • Faster purchase decisions and improved correspondent client service The challenge Homepoint identified that operations staff in its delegated correspondent channel were spending a significant amount of time manually comparing data between loan documents and inputting large amounts of data during the intake stage. Because Homepoint buys loans that have already been originated, underwritten and closed, the company reviews l

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