Candor launched Candor DI, a document intelligence engine handling touchless indexing, classification and extraction for loan files. Candor states it runs deterministic cross source validation to reconcile data across paystubs, tax returns, credit reports and the URLA, and deploys standalone, through open APIs, or as the intake front end to Candor's Loan Engineering System.
Our readDeterministic is the operative word. Reconciling income across four documents with a probabilistic model produces an answer a lender cannot defend in an audit, and the claim here is that the reconciliation is rule based even where the extraction is not. Catching a mismatch at intake rather than as an underwriting condition is where the cycle time actually comes out.