The HousingWire Awards Highlight Sequence highlights people and organizations acknowledged by the Editors’ Selection Awards. Nominations for HousingWire’s 2025 Tech100 Award are being accepted till December 16, 2024. Click on right here to appoint your expertise group.
Know-how continues to advance quickly within the mortgage world, and staying forward of the curve requires not simply catching up, however main. HousingWire’s Tech100 Awards highlight organizations which might be setting new requirements by driving modern options that may form the way forward for housing. corporations like clarifier A multi-year Tech100 Mortgage award winner, we offer superior automation options to servicers.
HousingWire reached out to Jane Mason, CEO and Founding father of CLARIFIRE, to be taught extra about how CLARIFIRE offers options that not solely meet at this time’s wants, but additionally anticipate tomorrow’s challenges. Ta. Mr. Mason will spotlight the essential position of knowledge, the potential of AI, and the significance of balancing cutting-edge expertise with human experience.
HousingWire: What position do you assume AI and machine studying will play in the way forward for mortgage and actual property expertise?
Jane Mason: AI and machine studying will proceed to play an vital position within the mortgage {industry}, however their implementation have to be executed fastidiously. For instance, in areas corresponding to loss mitigation, AI can shortly course of and analyze information to determine patterns which will take time for human groups to find. Nonetheless, AI and machine studying shouldn’t be seen as a one-size-fits-all resolution. Whereas they might help predict developments and streamline processes, they cannot be relied upon to make nuanced selections that bear in mind a borrower’s distinctive wants or advanced investor pointers. To leverage the complete potential of AI, servicers want clear, verified information and expertise that gives information accuracy and continuity. This basis permits AI to reinforce, moderately than exchange, servicers’ operations.
HousingWire: What challenges do you see in implementing new expertise throughout the mortgage and actual property industries, and the way do you overcome them?
Jane Mason: A serious problem dealing with our {industry} is the combination of recent applied sciences and legacy programs. Many servicers nonetheless depend on older platforms that can’t help new applied sciences corresponding to AI and automation with out important changes. CLARIFIRE prioritizes seamless integration with key third-party programs and a shared safety duty mannequin. This strategy permits purchasers to leverage our automation platform alongside their legacy programs with out compromising essential information or performance.
HousingWire: In an {industry} the place expertise is quickly evolving, how does CLARIFIRE be certain that it stays forward of the curve?
Jane Mason: Staying forward in such a risky {industry} requires steady innovation and collaboration. We make investments considerably in analysis and improvement annually to make sure the CLARIFIRE platform at all times displays the most recent technological advances and {industry} calls for. In the meantime, strategic partnerships corresponding to our work with Gatehouse Methods and integrations with industry-leading options corresponding to IndiSoft’s Nationwide Housing Advocacy Platform (NHAP) and Freddie Mac’s Resolve default administration resolution strengthen the capabilities of our platform. now permits purchasers to foretell future developments. Our continued concentrate on what servicers and their debtors want most permits us to ship resilient, responsive, and future-ready options.
