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National Mortgage Professional coverage of TidalWave's Spanish AI integration
Language remains one of the biggest barriers to ownership for many Hispanics, with nearly 1 out of 4 of Hispanic & Latino Americans (23%) reporting language as a barrier during the mortgage application process, creating barriers to homeownership. TidalWave, an AI-powered fintech, today announced the launch of a Spanish-speaking AI integration for mortgage lenders through its SOLO™ engine. This solution aims to tackle significant hurdles faced by Hispanic mortgage seekers in the United States by allowing loan officers using TidalWave's SOLO POS (point of sales) to enable a Spanish-language loan application.
Nearly 1 out of 4 of Hispanic Americans (23%) reported language as a barrier during the mortgage application process, yet only 17% of Hispanic borrowers received translation services from their mortgage lenders. To address this pressing issue, TidalWave is proud to announce a Spanish-language integration to its AI-powered platform, SOLO™.This innovation ensures lenders can provide an entirely Spanish-speaking communication experience throughout the mortgage journey, from application and processing to status updates and closing.
Tidalwave.ai, a leading innovator in the financial technology sector, is proud to announce Tidalwave’s SOLO™ integration with automated underwriting system (AUS) from Fannie Mae’s Desktop Underwriter® (DU®) weeks after it integrated with Freddie Mac’s Loan Product Advisor®(LPA℠).
Tidalwave, a leading innovator in the financial technology sector, is proud to announce that its purposely built AI copilot engine SOLO™ is now integrated with Loan Product Advisor® (LPA℠), Freddie Mac’s automated underwriting system (AUS).
