Borrower Monitoring, AI Processing, DPA, Verification Tools; Events and Training; Robots Will do What?

Technology and Lending: A Changing Landscape

Lenders are continually evaluating and updating their technology, eliminating unused or outdated tools and exploring new ones.

Meanwhile, AI companies are working to teach robots to perform household chores, such as folding laundry, in an effort to advance their capabilities.

It’s disappointing that we may never see a robot get tangled in a fitted sheet.

The Dark Side of Technology

However, the rise of technology has also led to an increase in scams, with Americans losing millions to scammers at crypto ATMs.

Crypto scams have attracted individuals looking to make money, often without regard for the victims.

A Brief History of Automation

Robots and automatic machines have been around for centuries, with the French being at the forefront of innovation 250 years ago.

Author's summary: Lenders update technology amidst AI advancements and rising scams.

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Mortgage News Daily Mortgage News Daily — 2025-10-18

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