WILIMINGTON, Del. –– April 4, 2025 –– MortgagePoint, a multimedia news platform for the mortgage industry from origination to servicing to loss mitigation and default management by Five Star Institute, announced their selection of Paradatec for the inaugural MortgagePoint Tech Excellence Awards, designed to recognize the most innovative technology providers in the mortgage industry.
“We’re delighted to be honored for innovation in AI-based intelligent document processing,” said Neil Fraser, COO of Paradatec, Inc. “Our fast and reliable system automation helps clients spend more time with their customers, accelerate processes, and reduce risk throughout the loan lifecycle. Congratulations to the other honorees, and thank you to MortgagePoint for this wonderful recognition of Paradatec!”
More information is available in the links above, MortgagePoint magazine’s April print edition and their website at https://themortgagepoint.com.
About Paradatec
Paradatec is the leading provider of AI-based automated document analysis technology for the lending and real estate industries. We make your systems more effective by providing accurate information from your documents in real-time. Using machine-learning tools and pre-trained libraries, Paradatec finds over 9,500 data points in 975+ mortgage and real estate documents and transforms them into actionable data. The solution also supports document versioning, PII data redaction, signature tagging/identification and more. Paradatec’s clients include three of the 10 largest U.S. banks, five of the 10 largest servicers, and leading QC Audit and settlement service providers. Paradatec has the trust of the largest financial services providers to help them manage the lending lifecycle with high quality automation. Paradatec is a proud member of MBA, MISMO, and ALTA. For more information, visit www.paradatec.com.
Press Contact
Mary McGarity
Strategic Vantage Marketing and Public Relations
(203)260-5476
MaryMcGarity@StrategicVantage.com
Corporate Contact
Kim Weaver
Paradatec
(703) 298-2169
k.weaver@paradatec.com