Recently, Infrrd launched Infrrd for Mortgage, an AI-led Intelligent Document Processing (IDP) solution specifically designed for the mortgage industry. Our announcement generated a lot of interest from mortgage providers of all sizes and led to a number of interesting conversations. Through these conversations, we discovered quite a few repetitive questions. These seem to be the common concerns among mortgage providers who have not had a good experience with using OCR for mortgage documents or have felt let down with the accuracy of automated processing.

In this blog series, we answer these common questions and make the case for Intelligent Document Processing (IDP) solutions.

Let us begin with the first question.