Though it may have been hard to see at times in 2020, there is a lot each of us can be thankful for in both our personal and professional lives. With Thanksgiving this week, November considered gratitude month and this year certainly one for the record books, we wanted to conjure up some good vibes in our post this week.…
Mortgage Automation, Time to Sharpen the Saw
What a year it has been. You’ve been busy, we know it. It’s part of the reason all those vacation days have gone largely unused. I know mine have. But now there are just six short weeks left in 2020, some of which, I am certain, will be spent recharging during the holidays. The question is, is your organization prepared…
Digital Labor, You’re Hired
If hindsight is 20/20, much of the mortgage industry is probably looking back at two thousand and twenty wishing they had even more automation in place to handle what we all just experienced. One would now expect this to result in a rapid deployment of digital labor across all areas of the mortgage life cycle as we finish out the…
Mortgage Automation Insights and other Observations from MBA Annual 2020
Two weeks ago, LoanLogics took part in MBA Annual 2020, as we do each year. Many of the sessions, as well as conversations in our booth, discussed overcoming the unique obstacles of 2020 and forward-looking strategies for 2021. Wanting to take a temperature reading of opinion during this unique time, we featured a short market survey in our booth. Below…
Achieving Frictionless B2B Commerce in the Mortgage Industry
From “in app” one-click buying to your voice activated home assistant suggesting you reorder the coffee and paper towels you purchased last month, frictionless commerce is a reality for B2C retail shopping. The frictionless future is here thanks to the digital transformation this marketplace has had. Companies that fail to deliver secure immediate gratification, information, and time-saving experiences to consumers…
Give up the Ghost of Frankenstein-like Correspondent Lending Technology
Correspondent lending is built on relationships that now demand innovative technology that optimize the transaction process for both buyer and seller. That optimization should result in a fast turn time, trade transparency, reduced risk and of course profit. Loan Origination Systems (LOS), which have acted as a partial substitute technology, have long been used to facilitate the process and are…