Artificio, provider of AI-powered document automation and intelligent data processing solutions, announced how its advanced platform is enabling mortgage lenders and brokers to efficiently handle the unprecedented surge in refinance applications following the Federal Reserve’s recent rate cuts. With mortgage rates falling to 6.35% and refinance applications jumping nearly 60% week-over-week, mortgage professionals are leveraging Artificio’s automated document processing technology to manage the increased volume. Artificio’s intelligent document processing platform directly addresses these bottlenecks by automating data extraction, validation, and workflow management, enabling lenders to process applications 70% faster than traditional manual methods. Artificio’s platform leverages specialized AI agents that work together to intelligently process documents, extract data with precision, and automate complex workflows without coding requirements. The company’s Income Summary Automation Tool has been particularly valuable during this refinance surge, automatically generating underwriter-ready income summaries in minutes. Key capabilities include automated classification, extraction, validation, and summarization of income documents, significantly reducing time spent on manual data entry and income analysis. The platform integrates seamlessly with existing mortgage origination systems and maintains compliance standards.