Underwriting intelligence. (United Guaranty Residential Insurance Co. and International Business Machines Corp. develop an artificial intelligence system)(includes related article)

From: Mortgage Banking | Date: December 1, 1991| Author: | Copyright information

Underwriting Intelligence

Artificial intelligence may be closer than you think--one company has made great strides in cooperation with IBM to create an expert system for underwriting loans.

The Vision:

Saturday, June 26, 10:00 a.m., in the Metro Realty office. After a tough month, Realtor Phil Garcia finally negotiated a contract on the Cooper homestead. The buyers, Mary and Richard Smith, wait in his office with their pay stubs, W-2s and bank statements. Michelle Petrie of Forever Funding has rushed over from her daughter's soccer match. Petrie plugs her laptop PC ...

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