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Prudent AI Launches Generative AI Engine for Mortgage Income Automation
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Prudent AI unveils Fannie Mae-approved generative AI engine to automate mortgage income verification and speed up complex loan approvals.
U.S.-based fintech Prudent AI released an AI-powered mortgage income analysis engine that automates complex income verification for lenders. Approved by Fannie Mae, the system parses paystubs, bank statements, and tax returns using large language models to deliver compliant income summaries within seconds. The launch marks the first fully generative AI solution in the mortgage-processing space, aimed at reducing loan-approval times by 60% while maintaining underwriting accuracy and regulatory alignment.