AZP Certifies Gateless Smart Underwrite as AI Mortgage Solution

AZP Insurance Specialists has awarded Platinum certification to Gateless Smart Underwrite®, marking it as the first technology provider to receive this recognition under AZP's AI Mortgage Technology Certification framework. This certification is significant as it validates Gateless' AI-driven mortgage underwriting solution, which has processed over 230,000 loans without any claims.

The certification framework is rooted in decades of experience in mortgage representation-and-warranty risk and aims to promote trust in AI and effective risk management. Gateless’ achievement of the highest certification level highlights its solid governance, operational maturity, and risk management infrastructure.

AZP’s framework offers a pathway for qualifying technologies to access insurance-backed risk protection, which includes coverage for specific representation-and-warranty exposures. This is particularly relevant as lenders increasingly seek assurance about the reliability and accountability of AI technologies in the mortgage sector.

Arthur J. Prieston, Chairman of AZP Insurance Specialists, emphasized the importance of experience in developing the certification, stating, “We know what good systems look like, what creates uninsurable risk and what happens when something goes wrong.” This experience is critical as the adoption of AI continues to grow in the mortgage industry.

Gateless President Rick Lang noted that the certification, along with the availability of insurance-backed protection, enhances confidence in the Smart Underwrite® technology as it is deployed across the industry. As lenders focus on governance and operational controls, independent certification like this adds an essential layer of trust.

This development highlights a broader trend where the integration of AI in mortgage underwriting is not just about technological capability but also about ensuring that lenders can manage financial risks effectively. The certification serves as a benchmark for other technology providers in the mortgage space.

The announcement comes from AZP Insurance Specialists, a firm dedicated to providing specialized insurance and risk management solutions within the mortgage industry, reinforcing its commitment to fostering innovation that meets the evolving needs of lenders.

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