Tim Anderson – PROGRESS in Lending

There was a time when people swore the earth was flat and despite Aristotle’s proclamations to the contrary, it wasn’t until 1522 when Ferdinand Magellan proved them wrong. I use this example today as most traditional “Doc Prep” systems still produce static, flat file dumb PDF’s and then use OCR scanning to get to the data. Even with the advent of AI, if you’re still using dumb PDF’s to extract unstructured and non-standard data from them you are going to get totally different and varying results across systems as there is no consistency or uniformity in the data format or how it gets defined (descriptions) and interpreted.

2025 November Issue Expert Analysis

Implementing A New Era Of Trust And e Efficiency

November 15, 2025 Tim Anderson

By Tim Anderson, Executive Advisory Board Member at Stavvy

In The News

Introducing A Real Automated Solution That Ensures “Source of Truth” Processes

July 7, 2023 Tim Anderson

There has been so much talk over the years about delivering a true, automated, systematic process that ensures data and document integrity, quality and compliance throughout the origination and closing process. While there have been major investments in systems to extract data for verifying compliance before the loan gets boarded and funded these efforts are a tail wagging the dog approach in taking “dumb” pdf’s and scanning them to make them digital after the fact.