Intelligent Document Processing (IDP) is gaining traction across the U.S. mortgage industry as demands for end-to-end automation are more robust than ever, spurred by rising home sales and a collective push toward greater use of technology for the sake of efficiency, cost savings and compliance requirements for all parties involved.
Join us as CEO and AI thought leader Amit Jnagal and mortgage industry visionary SA Ibrahim explore the coming AI transformation of the mortgage industry.
Deep Insight: A new survey of 200 banking and financial services companies including 119 independent mortgage firms shows that 38% of them have invested in IDP solutions since 2019, a period dominated by the pandemic and new technology options – specifically eNotes for electronic delivery of mortgage collaterals and eClosing for electronic mortgage applications to closing – endorsed and stipulated by government bodies like the Federal Reserve Bank.
Amit Jnagal , CEO, Infrrd
Amit Jnagal is passionate about solving complex business problems involving automation and analytics. An AI-enablement visionary and author, he is responsible for overall business strategy, growth, and culture at Infrrd.
Prior to Infrrd, he was an Architect and Consultant for over a decade at IBM and Infosys.
Today Infrrd draws talent from around the globe and builds close-knit teams driven to help enterprises worldwide gain competitive advantages and better serve their customers. It’s constantly innovating via Infrrd Research Labs, which explores cutting-edge solutions and tackles the industry’s toughest challenges. Infrrd is committed to making the impossible possible, and guarantees its accuracy, increasing extraction efficiency to give customers a worry-free innovation experience. The company has been recognized for its role in providing a strong work-life balance and has also won awards for Best CEOs for Women and Best CEOs for Diversity.
Mortgage Executive Roundtable
S.A. Ibrahim is the retired chief executive officer of Radian Group Inc. (NYSE: RDN). Headquartered in Philadelphia, Radian provides private mortgage insurance and products and services to the mortgage and real estate industries. Radian is one of the largest private mortgage insurers of U.S. residential mortgages, sand its mortgage and real estate services segment is a leader in each of its industries.
Prior to joining Radian, Mr. Ibrahim was the CEO of GreenPoint Mortgage Funding based in Novato, California. Under his leadership, GreenPoint Mortgage transformed itself from a small mortgage originator to one of the leading U.S. mortgage originators. In 2002, GreenPoint Mortgage was selected by a group of international business leaders as the winner of the Wharton Infosys Business Transformation award for North America.
Mr. Ibrahim has served on various boards, including the Fannie Mae National Advisory Board and the Mortgage Bankers Association Board of Governors. Currently, he serves on the Board of Trustees of the Wharton Graduate Board, the Academy of the University of Pennsylvania, the Inter Faith Youth Core, Chicago, the Philadelphia Anti Defamation League, the Auburn (Presbyterian) Seminary, New York and the Center of Interreligious Understanding. He was an advisor to the White House team on President Obama’s 2009 Cairo speech and was a keynote speaker at the Presidential Entrepreneurial Summit in Washington in April 2010.