Better Embeds Mortgage Engine Into ChatGPT

On Thursday Better announced a partnership with OpenAI to embed its Tinman AI Platform inside ChatGPT, making the first conversational credit decision tool for mortgages and home equity loans available to financial institutions and loan officers. Better says the tool underwrites loans and generates qualification letters in about 2 minutes 20 seconds versus an industry-average 21 days, trained on $110 billion in funded loans. The integration aims to scale underwriting and cut origination costs.