Image Recognition Integrated Systems Group, a technology provider based in Brussels, Belgium, has released three new products designed to move paper documents and forms into a digital format.The products, though not geared only to the mortgage industry, are being used heavily by mortgage companies, according to IRIS. The first product, Readiris Pro 9 Corporate Edition, is a tool that converts documents, files in Portable Document Format, and business cards into electronic documents. IRISPdf 2.5 Server is the new version of I.R.I.S. Production OCR Server. It's a networkable application that can be used to store scanned documents in a specific folder and convert them to .pdf or .rtf format. Finally, Formiris Pro 5.1 is a software suite that captures, sorts, and identifies all types of documents and forms entering a company or organization, irrespective of their size, layout, and contents. IRIS can be found on the Web at http://www.irislink.com.
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New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.
April 3 -
Finance of America has not disclosed any incident, but a consumer filed an immediate lawsuit over a lone report of a ransomware gang's recent hack.
April 3 -
United Wholesale Mortgage lost ground to RKT in one category but held onto a healthy lead in another, an analysis of Home Mortgage Disclosure Act data shows.
April 3 -
HECM endorsements rose 16% in March to 2,117 loans, but monthly volumes remain near their slowest pace since last summer as proprietary reverse products quietly steal market share.
April 2 -
Which parties are responsible for the surge persisted as a source of debate as community lenders released updated survey data reflecting their average expense.
April 2 -
The 30-year fixed rate climbed to 6.46% this week, its highest mark since September, as mortgage applications fell 10.4% and sellers outnumber buyers by a record 46%.
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