Mortgage processing automation using OCR technology can improve the efficiency and accuracy of the mortgage origination process, reducing manual workloads and improving compliance with regulatory requirements. The use of AI-based OCR platforms like Nanonets can automate data extraction from unstructured documents, reducing the time taken to process each document and minimizing errors. This can lead to cost savings, a better customer experience, and enhanced productivity for lenders. By streamlining the mortgage processing workflow, automation technologies can help companies stay competitive in today's fast-paced business environment.