HousingWire Daily Joe Tyrrell on where AI can have the biggest impact for lenders
Aug 6, 2025
Joe Tyrrell, CEO of Optimal Blue, shares insights on how AI is revolutionizing the lending industry. He highlights the strategic balance of AI technology with human judgment to ensure effective loan options. The conversation dives into creating personalized virtual economists to aid lenders in decision-making. Tyrrell also discusses the importance of transparency and collaboration in addressing housing affordability. Key challenges like unstructured data are examined, alongside the potential for innovations in secondary marketing technology using AI.
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Episode notes
Avoid Automating Bad Processes
- Deploy AI thoughtfully to avoid automating flawed processes that introduce bias.
- Evaluate if AI algorithms are purely mathematical or influenced by human bias before deployment.
AI Helps Find Best Loans
- Loan eligibility engines use purely mathematical AI to determine program eligibility and pricing.
- Originator Assistant AI helps lenders find best loan programs and rates, reducing human bias.
Generative AI for Unstructured Data
- Generative AI can analyze unstructured data like divorce decrees to reduce underwriting delays.
- Partnering with big tech enables scalable AI solutions beyond structured data for mortgage processes.