The ABBYY Vantage Escrow Account Disclosure Statement document skill is an AI model that extracts data from escrow account disclosure statements. An escrow account is an account that receives part of a mortgage borrower's monthly payments from the lending organization in order to cover insurance and property tax expenses. An escrow account disclosure statement contains information about the lending organization, the borrower, deposits made to the account over the reporting period, and the expenses covered by payments made from the account.

The Escrow Account Disclosure Statement skill is a preview skill. It has been trained on a small document set and is intended to be used by citizen developers as a quick-start basis for processing escrow account disclosure statements. The skill may require further training on your specific documents in order to be used in production scenarios.

• Vantage document skills are extraction models, based on ABBYY's purpose-built AI, designed and trained to extract key data from business documents.
• Preview Document Skills provide a quick-start basis for conducting proof of concept and automating document-centric processes, without wasting time to train a new skill from the ground up. In most preview skills the main data fields have been labeled and the skill has been trained on a small document set to provide a starting point for further training on customer side. Preview skills generally come at no additional cost, but consume page volume from the base Vantage Core Skills volume.
• The AI model automatically detects key fields on escrow statements and extracts relevant data (loan number, disclosure date, property address,  borrower name, monthly mortgage/escrow payments etc.). For a full list of extracted fields, please see the skill documentation.
• Includes validation and data normalization rules. Further business rules can be added as required.
• Can be augmented by human-in-the-loop review and verification based on accuracy thresholds, missing or incorrect information.
• Requires further training in order to ensure sufficient accuracy levels on customer-specific documents. Training can be done up-front or during runtime as documents arrive and go through manual verification.