Rocket Close speeds mortgage processing with AI

Rocket Close has revolutionized mortgage document processing by leveraging Amazon Bedrock and Amazon Textract. This new AI-powered solution, developed in collaboration with the AWS Generative AI Innovation Center, achieves an impressive 15x speed increase. The system demonstrates high accuracy, reaching 90% in segmenting, classifying, and extracting crucial data from documents. This advancement significantly streamlines operations within the mortgage industry, showcasing the practical application of generative AI in enhancing efficiency and accuracy for complex data handling tasks.