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0 0.0014847369046205 0.00166290533317497 0.000237557904739402 0.00534505285663384 0.00130656847606603 0.0040384843805678 0.00665162133269987
Stock impact report

Ocrolus Announces Upcoming Rep & Warranty Coverage for Majority of Income Types and Loan Products [Yahoo! Finance]

PennyMac Financial Services, Inc. (PFSI) 
Last pennymac financial services, inc. earnings: 2/6 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.pennymacfinancial.com
Company Research Source: Yahoo! Finance
NEW YORK March 18, 2024 /PRNewswire/ -- Fluctuating interest rates and inventory in recent years have created volatility in the mortgage industry, leading mortgage lenders to seek technologies that allow them to automate processes with scale and accuracy. Many lenders have turned to Ocrolus , a leader in AI-driven document automation and analysis, to help them automate previously manual processes and scale their operations more efficiently. "After a significant slowdown in 2023, mortgage lenders are expecting increasing demand in the coming year, meaning they must prepare to scale their operations to remain competitive," said Sam Bobley , Co-founder and CEO of Ocrolus. "Ocrolus provides lenders with a complete and trusted solution for document analysis, enabling them to adapt to industry volatility without the need to adjust staffing or other resources." Ocrolus has continuously enhanced its document automation capabilities for mortgage lenders, which enable loan officers, loan p Show less Read more
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