AI Is Completely Transforming Mortgage Underwriting in 2026 | Rick Lang Gateless, President & COO скачать в хорошем качестве

AI Is Completely Transforming Mortgage Underwriting in 2026 | Rick Lang Gateless, President & COO

In the first "Connect" podcast episode of 2026, California MBA CEO Paul Gelotti sits down with Rick Lang, President & COO of Gateless, to explore how intelligent automation and AI are revolutionizing mortgage underwriting — making the process faster, more efficient, and borrower-friendly. Rick shares his extensive background from Chase, Bank of America, and Freddie Mac, and explains why Gateless focuses on "intelligent automation" (human-intentional AI with oversight) instead of unregulated generic AI. Discover Gateless's flagship Smart Underwrite solution, which automates credit, income, and asset evaluation for conventional and FHA loans — achieving 70-75% auto-clearing today (aiming for 85% by late 2026) and enabling up to 18-20% of loans to reach full initial underwriting decisions without human touch. Key highlights from the conversation: • Real-time data orchestration and micro-decisions for faster loan processing • Addressing industry pain points: rising costs, capacity constraints, and regulatory complexity • The future roadmap: expanding to jumbo, VA, and non-QM in 2026 • Change management tips for lenders adopting automation • How quicker approvals benefit loan officers, realtors, and borrowers in today's instant-gratification world Whether you're a lender, loan officer, real estate professional, or fintech enthusiast, this episode offers practical insights into modernizing mortgage operations without disrupting your existing tech stack. Timestamps: 00:00 - Welcome & President Council Sponsor Shoutouts 02:15 - Introducing Rick Lang & Gateless Origin Story 05:40 - What is "Intelligent Automation"? 09:20 - Smart Underwrite: How It Works & Current Performance 14:50 - Vericlear for Income Verification 17:30 - Overcoming Adoption Challenges & Change Management 21:10 - The Future of Mortgage Underwriting in 2026 & Beyond Watch now and stay ahead of the 2026 mortgage transformation!