Mortgage technology company Mobility Market Intelligence (MMI) has launched ChatMMI, which claims to be the industry’s first conversational AI interface built specifically for lenders, recruiters and other mortgage professionals. The tool allows MMI users to skip dashboards and spreadsheets to directly ask questions via a chat function. The AI-powered chatbot is powered by MMI’s mortgage intelligence, which includes 500 million origination records spanning 25 years, more than 8 terabytes of data, and real-time insights across more than 150 million properties and 3,000 counties. The chat history saves and updates with the latest data automatically, making the experience “personalized” for users. The chatbot can field questions and queries, including the identification of top lenders, loan officer rankings, broker wallet share and mortgage retention rates. LOs can even ask MMI which clients in their book of business have the greatest potential to refinance. Ben Teerlink, founder and CEO of MMI, said “What gives ChatMMI such an advantage is, we have incredible data that we’ve fine-tuned for years, so instead of just plugging a chatbot into the big data that you can buy anywhere, we’ve plugged it into something that we’ve been perfecting for years. Now you can dig into it and ask it questions that you’ve really never been able to uncover because of what it can compute, and also how accurate the data is that it’s pulling from.”