OMB Individually Reported

Loan Guaranty Lender’s Handbook Chatbot

Low riskExact public inventory row

Description

Loan Guaranty Service (LGY) has many policy and procedural documents that are difficult to know and retrieve information for. This AI tool is designed to make the knowledge retrieval process more efficient and improve consistency.

Detailed example

Curated information (answers) to user questions based on LGY policy and procedures.

AI / analytics pattern

Reinforcement Learning: AI trained through trial and error using rewards and penalties to optimize decision-making policies.

Automation level / stage

a) Pre-deployment – The use case is in a development or acquisition status.

Expected benefit

Increase efficiency and consistency in knowledge retrieval from source documents (manuals, SOPs, other policy & procedural documents).

Controls / human review

ATO: Not reported; PIA: Not published