Hosted by National Mortgage News
Mortgage and home equity lending has many lengthy and interdependent processes that are often disconnected digitally. Despite improvements in the digital collection of data and documents, the pressure to automate has increased due to intensive competition for new loans, growing desire by consumers for a better end-to-end lending process, and persistently high processing costs.
Emerging technologies are now available to address these pain points in the lending process. Lenders that have been implementing these new technologies are experiencing higher pull-through rates from loan application to closing, compressed processing timelines relative to the market average, improved customer satisfaction throughout origination and servicing, and reduce compliance risk and delays.
Director, Product Strategy
Sponsor Content From: