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MortgagePoint February 2024

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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February 2024 » thefivestar.com 7 February 2024 M T E C H ChatGPT and asking a few questions," said Bill Simpson, Ncontracts Chief Product and Technology Officer. "The Ntelligent Contracts Assistant is trained specifically in contract management and uses each customer's unique data as context for re- sponses that help with decision-making." POLIARK LAUNCHES AI 3D MODELING PLATFORM FOR ARCHITECTS, ENGINEERS P oliark has launched its new AI platform, Kend, which makes 3D modeling an instant task for architects and engineers. Kend enables the construction of 3D models from scratch and turns sketches into 3D models using simple text inputs, enhancing the creative process and sav- ing invaluable time. It also introduces a built-in material catalog that not only au- tomates bill of quantities calculation but also includes embedded CO2 emissions, enabling environmentally conscious decision-making. "There is an immense opportunity to create a more efficient, less environmen- tally consuming world in the architecture and engineering sectors," said Esma En- gür, COO of Poliark. "Poliark's commit- ment to innovation and sustainability has already advanced the space more than we've seen in the last 30 years. We believe that Kend has the capacity to truly usher in the future of building and AI." The new platform will alleviate the manual aspects of technical drawing and craftsmanship in 3D modeling, leading to a significantly easier workload for archi- tects and engineers. It will allow users to focus on the more creative aspects of their jobs and remove tedium from their tasks. Kend also enables seamless collaboration among geographically dispersed team members and stakeholders, reducing delays and errors in project management. "The 3D modeling process for archi- tects and engineers has historically been very time-intensive, limiting creativity in design," said Eda Erol, CEO of Poliark. "With Kend, not only are we fostering innovation and efficiency, but also, in- creasing potential profits through saving time and environment." The new platform allows users to calculate and forecast CO2e based on location and material usage, aiding in en- vironmentally responsible decision-mak- ing and compliance with EPD and net zero tax regulations. SNAPDOCS AND LENDERLOGIX PARTNER TO ENHANCE LENDER EFFICIENCY S napdocs has partnered with LenderLogix to provide shared customers with a unified closing experience. The integration between Snapdocs' eClosing platform and LenderLogix's LiteSpeed point-of-sale (POS) gives lenders the ability to offer borrowers a streamlined digital closing from loan application to final signature, all while automating cumbersome and time-intensive internal processes. "Lenders should have the freedom to build a best-in-class technology stack that suits their specific business needs," said Camelia Martin, VP of Industry and Regulatory Affairs at Snapdocs. "Partnering with LenderLogix allows Snapdocs lenders to deliver a connected closing experience and realize the value of digitalization at scale." The companies' newly integrated systems allow borrowers to start and complete their mortgage transactions within one familiar platform. No addi- tional logins or interfaces are required. Magazine INTRODUCING The Five Star Institute's premier trade publications, DS News and MReport, have joined forces to become MortgagePoint. This new publication brings you the same exclusive news, features, interviews, and commentary you've come to expect from Five Star—now taken to the next level and all in one place. MortgagePoint is your one-stop shop for coverage of the full spectrum of mort- gage, from originations to default. Scan the QR code to sign up and learn more. THE INDUSTRY'S MOST VALUED PUBLICATIONS JOINING FORCES

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