The Green way of defining AI in Mortgages

When one considers the top view of the mortgage industry, it is difficult to comprehend its associated carbon footprint. After all, it primarily involves a few transactions and some amount of paperwork, right? Dig deeper into the ecosystem, and you will discover the impact of offices, computers, data centers, paper mails, and travel – each of these elements contributing to the overall carbon footprint in one way or another. While some of these are invariable and bear some amount of environmental costs, others can be curbed in measurable ways. And in light of point #10 in our Green 2030 resolution, it is imperative that financial institutions take actionable measures towards the decarbonization of the economy.