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Automax.ai Wins Innovation Challenge at LendingTree's 2026 Lender Summit

PR Newswire•09/11/2026•17:07 ET
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Key Highlights

  • ➤Automax.ai wins LendingTree’s 2026 Innovation Challenge for AI-powered property appraisals
  • ➤Automax.ai reports one-to-three-day appraisal turnaround times
  • ➤Automax.ai reports approximately $50-$100 savings versus traditional appraisals
  • ➤Automax.ai platform captures more than 800 property data points through guided video walkthroughs
  • ➤LendingTree hosted nine fintech companies competing in the Innovation Challenge

Expert Statements

Will Adams, Head of Sales at LendingTree

“This year's Innovation Challenge demonstrated the creativity and entrepreneurial spirit driving the mortgage industry forward.”

Will Adams, Head of Sales at LendingTree

“All nine participating companies presented compelling solutions to some of the challenges lenders face today.”

Will Adams, Head of Sales at LendingTree

“Automax.ai stood out for its practical approach to addressing a critical part of the mortgage process, with technology that has the potential to reduce costs, accelerate timelines, and improve the experience for lenders, borrowers and appraisers.”

Automax.ai Wins Innovation Challenge at LendingTree's 2026 Lender Summit PR Newswire

Automax.ai is modernizing the appraisal process by improving the experience for homeowners, lenders, and appraisers.

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