"AD Mortgage's findings show that while willingness to adopt new tools is high, enablement is lagging. A total of 83% of respondents said they are ready to adopt new technology, but satisfaction with training averaged just 6.49 out of 10."
"The survey found that 55% of brokers use AI daily or regularly, and 72% expect significant growth in AI use over the next three years."
"Many lenders and brokers are turning to automation, AI and integrated platforms to reduce manual tasks, manage compliance and improve borrower experience."
AD Mortgage's recent survey reveals that mortgage brokers are increasingly utilizing artificial intelligence and digital tools, with an average technology rating of 7.22 out of 10. Despite high readiness to adopt new technology, 54% of brokers have not decided on future implementations. The survey indicates a need for better training and support, as satisfaction with current training is only 6.49 out of 10. Additionally, 55% of brokers use AI regularly, with expectations for significant growth in AI adoption over the next three years.
Read at www.housingwire.com
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