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HomeVision, Restb.ai partner on AI in collateral underwriting

HomeVision, a collateral underwriting and appraisal review platform, has partnered with artificial intelligence (AI) firm Restb.ai to integrate computer vision technology into real estate valuation processes.

The collaboration will incorporate Restb.ai’s AI-powered image recognition into HomeVision’s Machine Intelligence Review Assistant (MIRA) platform.

The companies say the technology will improve appraisal accuracy, automate parts of the review process and help lenders, appraisal management companies (AMCs) and individual appraisers identify errors.

HomeVision’s MIRA platform uses machine learning, optical character recognition and natural language processing to detect discrepancies in appraisal reports. The addition of Restb.ai’s computer vision tools will allow the details ⇒

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