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eClosing

Latest Posts

DocMagic’s AutoPrep solution uses AI to go beyond basic OCR 

Sep 03, 2019 12:01 amBy

In an effort to help lenders quickly and easily transition to an eClosing workflow, DocMagic has developed a solution that goes beyond basic optical character recognition (OCR), which can rely on slower manual and repetitive processes. Instead, DocMagic has leveraged critical document meta-data and applied AI and machine learning identification logic to develop its AutoPrep technology.

3d rendering of a row of luxury townhouses along a street

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