General World News

LauraMac completes its integration with LoanLogics IDEA

LauraMac, a provider of mortgage loan review SaaS technology, announced on Thursday that it has integrated with LoanLogics IDEA, an intelligent document processing and data extraction technology.

The outcome of the integration between IDEA and the LauraMac platform “will improve the quality and transparency of mortgage loan commerce,” LoanLogics CEO Dave Parker said in a statement.

LoanLogics IDEA uses machine learning, data extraction programs and rules-based automation workflow to mimic human intelligence. The technology transforms digital documents into “classified, versioned loan documents from which data is then extracted,” according to the statement. The details ⇒

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