One Diligence Launches New AI-powered Third-Party Review Solution

One Diligence has launched its AI-powered Third-Party Review (TPR) Due Diligence platform for Chattel (Manufactured Housing) Loans, designed to streamline underwriting and support the securitization market. Leveraging advanced Artificial Intelligence and Machine Learning (AI/ML), the One Diligence platform automatically identifies, classifies, and validates the full range of documents required for chattel loan underwriting, including:

– Chattel Loan Applications (customized for each lender)

– Chattel Purchase Worksheets

– State-specific Affixture Affidavits

– State-specific Applications for Title

– Manufacturer Invoices and Sales Documents

– Chattel Lease Agreements

– State-specific Manufactured Home Titles and Certificates of Origin

– Additional lender- and state-specific documentation as required

Using its patented AI-driven data extraction technology, One Diligence significantly reduces underwriting review time by automatically extracting key loan data and presenting it to underwriters for efficient exception-based review.

The platform also incorporates a Reverse OCR verification process that enables underwriters to instantly validate every extracted data point against the original source document, ensuring complete transparency and maintaining a reliable source of truth throughout the due diligence process.

By automating document recognition, data extraction, and source verification, One Diligence helps lenders, investors, and securitization participants improve accuracy, accelerate loan reviews, reduce operational costs, and enhance confidence in loan quality.