Stewart Partners with AI Innovator Pythonic
June 20, 2023
Stewart Lender Services has partnered with Pythonic Corporation to streamline processing of Closing Disclosures by reading the lender documents and then structuring the data.
The technology compares lender information with data in Stewart’s title production system, enabling automation of the fee collaboration process.
Stewart’s relationship with Pythonic is the result of a larger, ongoing effort to incorporate technology into its workflows, inclusive of Closing Disclosure processing.
“We’re excited to integrate with Pythonic’s machine learning services to streamline the processing of Closing Disclosures and our fee collaboration workflows,” said Chris Richardson, senior vice president of Lender Services at Stewart.
Pythonic’s large language and computer vision models can read and understand scanned documents, PDFs and emails, saving time to various parts of escrow production. In addition to automated Closing Disclosure processing, Pythonic’s AI services help streamline order entry by automatically generating orders from emails and purchase agreements. In addition, it can automate document package splitting and restacking tasks.
“Modern machine learning technologies are transformative in their capabilities,” said Matt Younkle, Pythonic co-founder and CEO. “Pythonic’s mission is to make it easy for title agents and underwriters to put the power of these next-generation tools to work in their business. We are thrilled to be working with Stewart on this mission.”
Contact ALTA at 202-296-3671 or communications@alta.org.