Case Study: Home Point Financial achieves 33% faster purchase reviews with ICE Mortgage Technology

Home Point Financial® cuts purchase review time by 33% with Ellie Mae AIQ

Home Point Financial, a mortgage buyer and servicer, faced a time-consuming, error-prone onboarding process in its delegated correspondent channel where operations staff manually compared loan documents and entered large volumes of data—“stare and compare” work that slowed purchase reviews and scaled poorly.

By implementing Ellie Mae AIQ’s automated file intake (AFI) with automated document recognition and data extraction, Home Point now extracts and compares 500+ data points across documents, cutting purchase review time by 33%, reducing errors and risk, speeding purchase decisions for correspondents, and creating a scalable, repeatable process that lets staff focus on exceptions and decision-making.

Home Point Financial

Maria Fregosi

Chief Capital Markets Officer