MIAMI - Automated underwriting has unrealized potential that goes beyond merely closing loans, according to mortgage technology specialists at a conference here.

Using a computer model to grade borrowers based on demographic and credit history data is a "highly leverageable technology that is being underutilized," said Richard Beidl, an analyst at the Tower Group of Needham, Mass. He was interviewed at the American Banker conference here last week.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.