UWM's Jason Bressler challenges fears around AI in mortgage
Briefly

In The CTO Playbook session, Bressler highlighted AI's role as both empowering and protective, emphasizing its reliance on quality data for predictive analytics. He warned against the risks of resisting AI integration, drawing parallels to mortgage companies that ignored the internet and subsequently lost their edge. As CTO of the largest U.S. mortgage company, Bressler underscored that technology should enhance human jobs, demonstrating this with UWM's AI-powered loan assistant, MIA. By alleviating laborious tasks, AI can improve efficiency without replacing employees, suggesting that the integration of AI is essential, yet need not be prohibitively expensive or complex.
Bressler emphasized that AI empowers processes through data, urging professionals to embrace it to avoid being left behind, just as mortgage firms did with the Internet.
He clarified that AI, like the MIA assistant, is there to enhance processes, alleviating tedious tasks rather than replacing human jobs, which remain crucial.
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