From regulation and compliance to investor guidelines, data accuracy undoubtedly must be at the core of everything the mortgage industry does. Speed and cost must also be properly balanced against it to succeed. Our director of technology discussed this in a 2018 blog post, “The Iron Triangle of Data Extraction.” LoanLogics certainly puts the importance of this message at the…
Even with all the fintech advancements that have been introduced to improve the borrower experience, we are still far from “push button, get mortgage.” On the front lines of lending, loan officers (LOs) would likely agree that one area of mortgage origination that still stands to benefit from more automation is document processing. The sheer volume of both documents and…
