Machine learning takes on commercial mortgage brokerage

Posted by Staff Reporter on Oct 08, 2018 04:57 PM EDT
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(Photo : Pixabay | StockSnap)

Commercial mortgage brokerage could be the next industry to face machine disruption.

At least two companies have released software this year aiming to supplant human brokers with algorithms that scour lending pools and even identify potential investors instantaneously, enabling capital structuring to be assembled in a fraction of the time and at a fraction of the cost.

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