Kim Weaver has joined Paradatec Inc., a provider of AI-based document classification and data extraction technology for mortgage loan processing, as director, product strategy.
Weaver has more than 25 years of experience in the financial services industry, with a focus on mortgage and consumer lending. She spent 15 years at Fiserv where she held senior roles in product management, product strategy and client delivery.
She also served as a vice president at digital technology company Pyramid Systems, Inc. and as a senior business analyst at Freddie Mac.
Weaver has also been active with the Mortgage Bankers Association’s (MBA’s) data standards organization, MISMO.
In her new role with Paradatec, Weaver will work closely with customers to ensure the company is providing the best services and products for their needs.
Paradatec offers artificial technology (AI) for loan document processing. Its automated loan indexing technology breaks down every loan into more than 850 specific document types and uses machine-learning tools and pre-trained libraries to find and transform over 8,500 data points trapped in mortgage loan documents into actionable data.
“I’ve known and worked with Paradatec for over 15 years in my previous roles in the mortgage industry and am ecstatic to now be part of their team,” Weaver says in a release. “Their expertise in applying artificial intelligence and machine learning to the automation of document processing is unmatched. Paradatec’s solutions ultimately help lenders, servicers, closing and title companies provide the best service to homebuyers and homeowners.”