Technology firms are ready to walk lenders through the refinance boom with a slew of artificial intelligence-powered solutions. 

Twenty mortgage and technology companies showcased their innovative products earlier this month in San Diego at the Digital Mortgage 2024 Innovation Challenge, which was sponsored by Lending Tree. Presenters had eight minutes to demo their products before a crowd of potential customers and judges in a competition for the $10,000 LendingTree Innovation Award. 

Judges were Julian Hebron, founder of the Basis Point; Robin Clayton, director of performance marketing at Paramount Residential Mortgage Group; and Christina Randolph, vice president of seller distribution at Freddie Mac. Will Adams, Lending Tree senior vice president and head of sales, also presided. 

Tools ranged from AI-powered point-of-sale, loan origination system and customer relationship management solutions, to unique training tools and inventive servicing solutions. 

National Mortgage News looks at the competition and their solutions, and the takeaways from judges.