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49 April 2025 » S P E C I A L S E C T I O N BEST IN TECH BEST IN TECH R E C O G N I Z I N G T H E B E S T I N M O R T G A G E T E C H P aradatec's award-win- ning AI-Cloud platform transforms the lending lifecycle by automating mortgage data processing with unmatched accuracy. It classifies over 975 doc- ument types, extracts more than 9,500 data points, and cross-checks extracted data against other data sources. Clients can modify and add business rules in Paradatec's Analytics engine, which triggers data evaluation rules based on workflow-specific conditions, for automated system decisioning and supporting data-driven strategies. Paradatec is integrated with multiple LOS, document management systems, servicing platforms, and data warehouses. The platform supports high-volume enterprise use with multi- queue architecture that supports workflow-specific configurations, business SLA management tools, and distributing results to multiple systems such as systems of record and data warehouses. Paradatec's AI-Cloud platform employs deterministic AI tech- nology powered by pre-trained libraries and advanced AI models curated for real estate finance. Paradatec's technology provides unique, auditable metadata for each decision—delivering results that are fully explainable, completely transparent, and auditable. Paradatec's commitment to customer satisfaction is embodied in its robust system reporting, which clients use to track their quantifi- able ROI. One large regional bank reduced its average underwriting review time by 75% after implementing Paradatec, accelerating loan approvals while decreasing operational costs and compliance risks. As a privately owned company, Paradatec has remained at the forefront of mortgage technology innovation through its ability to focus exclusively on customer needs to shape product development. The average Paradatec client has used Paradatec for over four years, and many have been clients for over 13 years—a testament to the company's reliability and ongoing innovation. Paradatec is a member of the Mortgage Bankers Association, MISMO, the California Mort- gage Bankers Association, and the American Land Title Association. F or decades, efforts to mod- ernize the mortgage indus- try have fallen short—not for lack of ambition, but because regulatory compliance consumes the majority of time, budget, and focus needed to drive real innovation. Phoenix Burst changes that. When regulatory adherence becomes seamless, we free the industry to radically innovate. And this is what will make mortgage modernization possible at last. Phoenix Burst (phoenixburst. ai) is the first-of-its-kind genAI-na- tive mortgage business process fulfillment platform, purpose-built to simplify regulatory compliance and accelerate innovation. Skip the glorified checklists masquerading as "workflow solutions" and instead have the technology actually do the work. Phoenix Burst reimagines compliance entirely—identifying regulatory and policy changes to create clear, actionable compliance change statements, requirements, user stories, acceptance criteria, and test cases with a single click. Where regulatory updates used to take months to understand and implement, Phoenix Burst delivers plain-language artifacts with- in hours, eliminating duplicative manual processes and bottlenecks across legal, compliance, and operations teams. PARADATEC PHOENIX BURST What Sets Paradatec Apart: • Trusted by Top 10 lenders, servicers, and service providers • Intelligent document and data processing for the lending lifecycle • Enterprise scale with work- flow-specific configurations What Sets Phoenix Burst Apart: • GenAI-native mort- gage business process fulfillment platform, purpose-built to simplify regulatory compliance and accelerate innovation. • Unlock your company and your people's full potential by radically simplifying and automating compliance. • Prepare for an AI future by upskilling your workforce of today with technology of the future. paradatec.com phoenixoutcomes.com