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Blend Labs has introduced Autopilot, an automated system that reviews borrowers' W-2 documents in less than one minute while they are still completing their applications.
The company contrasts this with traditional manual processes, where documents can sit in a queue overnight, highlighting a move to 24/7 document processing and increased efficiency in loan applications.
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Blend Labs recently revealed a new AI agent for loan officers at the MBAAnnual event, expanding its suite of technology for mortgage professionals here. The company has also launched Navigator, an AI tool that allows Autopilot customers to automate key loan processing tasks here. These initiatives aim to streamline operations and support lenders with automation solutions.