radius' approach to using Artificial Intelligence (AI) in the mortgage realm has landed us a feature on Forbes.com. Read on of you have ever wondered about the finer details of how we're Making Mortgages Better for our employees and borrowers alike.
In mid-2021, radius employed about 200 people and continued to grow during the Covid-19 pandemic. Compared to the Mortgage Bankers Association average, radius had about 30% more loan production revenue compared to the rest of the industry, and about 50% more net income than average for the industry. It accomplished this performance through a mix of innovative and intelligent technologies, and highly capable and motivated people. It automated many aspects of mortgage production—or “loan manufacturing,” as Polaski referred to it—and used technology to closely monitor the performance of its processes and people. It was also, however, named one of the 2021 “Best Mortgage Companies to Work For” by National Mortgage News, and one of the Boston Globe’s “Top Places to Work” by the Boston Globe in 2017, 2018 and 2019.
Read the whole article here on Forbes.com