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AI’s impact on mortgage technology: why PDFs won’t die, and what’s next for lenders. Mike Yu (Vesta CEO) joins Jeremy Potter on Now Next Later. This episode dives deep into the real story behind mortgage data, digital documents, and what lenders need from their tech stack now that generative AI is here. Jeremy goes toe-to-toe with Mike Yu, CEO and co-founder of Vesta, on why PDFs remain the industry’s “light switch,” where legacy software handcuffs progress, and which incentives actually drive adoption of new tools. Learn why outcome-based pricing is the next frontier, why domain expertise beats generic AI, and what every mortgage exec needs to try TODAY to stay competitive. If you’ve sat through a meeting about “going digital” and wondered why nothing changed—THIS is the episode you send to your team. TIMESTAMPS 00:00 "Why PDFs Persist in Lending" 06:29 SMS MFA Security Challenges 08:06 "Evolution of OCR Technology" 11:31 AI-Powered Business Transformation 14:10 Trusting AI for Data Security 18:42 "Exploring AI Tools with Claude" 21:33 "Rethink, Adapt, Embrace Change" 26:09 "Outcome-Based AI Pricing Model" 27:10 AI Incentives and Outcome Alignment 30:28 "Nice Seeing You, Jeremy" CONNECT: 🔔 Subscribe for weekly mortgage industry insights 📩 Daily Newsletter: https://www.chrismancommentary.com/su... 🎧 Podcast: https://www.chrismancommentary.com/po... 💼 Chrisman Commentary: https://www.chrismancommentary.com KEYWORDS Now Next Later, Chrisman Commentary, Jeremy Potter, Mike Yu, Vesta, mortgage industry, housing finance, mortgage news, mortgage technology, fintech, primary source data in mortgage, PDFs in mortgage, legacy mortgage software, AI in mortgage, OCR mortgage documents, mortgage lender data strategy, outcome-based pricing mortgage, mortgage technology trends 2024, transforming lending operations, SaaS for lenders, implementation partner mortgage, capital markets mortgage, mortgage process automation, lending innovation #MortgageIndustry #MortgageTechnology #Vesta #NowNextLater #ChrismanCommentary #MortgageNews #AI #HousingFinance #DigitalMortgage #LegacySystems #OCR #OperationalExcellence