How Einstein Copilot works Part 2

We have learned about Einstein copilot actions in How Einstein Copilot Works part 1 – Mortgage Banking Technology | Origination Strategy Consulting (takefiveconsulting.com). The functionality of launching actions during conversations with an end user is facilitated by Einstein Copilot’s reasoning engine, otherwise called ‘planner service’. This engine orchestrates the execution of user requests through a…

How Einstein Copilot Works part 1

We have covered an overview of Einstein Copilot in Overview of Einstein Copilot – Mortgage Banking Technology | Origination Strategy Consulting (takefiveconsulting.com). This article explains how Einstein Copilot works. Einstein Copilot has three basic components: the copilot, actions, and the reasoning engine. Copilot  Einstein Copilot is an innovative conversational AI assistant seamlessly integrated into the…

Overview of Einstein Copilot

Einstein Copilot harnesses the power of Salesforce CRM and the convenience of an AI assistant, integrating advanced natural language processing capabilities akin to those found in large language models such as ChatGPT. This article presents an overview of Einstein Copilot. Copilot responds to your natural language prompts for various business tasks, ranging from inquiries to…

How to Evaluate a model in Einstein Discovery

We have covered the overview of model performance in your previous articles on Einstein Discovery. In this blog, let us dive into learning How to Evaluate a model in Einstein Discovery. Models, Variables, and Observations For every observation, there will be a specific set of predictor variables as input , and a corresponding prediction as…

ICE Mortgage Analyzers in Encompass

ICE Mortgage Analyzers offer a comprehensive solution for lenders, investors, and servicers looking to streamline their mortgage processes within Encompass 360. By leveraging automation and advanced data analytics, lenders can gain a competitive edge, reduce risk, and achieve greater profitability. The ICE Mortgage Analyzers Portal offers a centralized hub to access powerful automation tools and…

Customizing model in Einstein Discovery

In Create a model in Einstein Discovery Part 1 – Mortgage Banking Technology | Origination Strategy Consulting (takefiveconsulting.com) and CREATE A MODEL IN EINSTEIN DISCOVERY PART 2 – Mortgage Banking Technology | Origination Strategy Consulting (takefiveconsulting.com), we have covered how to create a model from a dataset in Einstein Discovery. In this article, we will…

Processing Construction Loans in Encompass – Part III

This blog is the third in the series of blogs about Processing Construction loans in Encompass. Follow the URL below the read the first and second part of this series of blogs: Processing Construction Loans in Encompass – Part I Processing Construction Loans in Encompass – Part II Challenges of Construction Loan Processing: Increased Complexity: Construction…

CREATE A MODEL IN EINSTEIN DISCOVERY PART 2

We have discussed about how to create a model in Einstein Discovery in our previous article. As analysis and training progress, Einstein Discovery scrutinizes your data for quality concerns, including duplicate impact (known as the multicollinearity data alert), potential biases, frequent missing values, and various other data quality issues. Whenever a potential data quality problem…

Processing Construction Loans in Encompass – Part II

This blog is the second in the series of blogs about Processing Construction loans in Encompass. Follow the URL below the read the first part of this series of blogs: Processing Construction Loans in Encompass – Part I Benefits of Separate Disclosures: Detailed breakdown: Separate disclosures provide a more granular view of loan terms for each…

Processing Construction Loans in Encompass – Part I

Construction loans involve financing the initial building phase of a residential property. They cater to borrowers who plan to construct a home and require temporary funding until the project is complete. This blog series will be a comprehensive guide on how to process Construction loans efficiently in Encompass. Encompass and Construction Loans Encompass supports three…