The working relationship between humans and technology has achieved great heights in so many aspects of our lives. Personally, professionally, economically, even environmentally, the fluid ways we tackle tasks with technology are endless. Just ask Jeff Bezos, Richard Branson and Elon Musk who have made “consumer” space travel a reality by engineering their own spacecraft to get them there. The…
In recent years, my role at LoanLogics has expanded into responding to vendor due diligence inquiries for new and existing clients. While traditionally it has been larger banks that require an in-depth assessment, I’ve noticed an increasing amount of small to mid-sized financial institutions who too are asking the hard-hitting questions around information security (infosec). And, they have every reason…
Our survey is LIVE and we want to hear from you! Continued expansion of technology automation is no doubt a mortgage industry priority for 2021. Specific goals may vary across channels, but what appears to be consistent is the desire to increase efficiency, flexibly scale (up or down) with market volume and manage loan quality that will pass any level…
Just two weeks ago, many of us were navigating the virtual halls of MBA Spring trying to get a glimpse of the latest industry technology in the exhibit halls and demos held on the HUB stage. We hope you found time to come see us at the show. During the event LoanLogics® featured: LoanLogics IDEA™ OnDemand in a demo –…
At the height of the pandemic, LoanLogics launched IDEA OnDemand, a cloud-native doc processing digital assistant which helps mortgage companies lower the cost and drive up the speed and accuracy of in-line, real-time workflows. Feedback from newly signed clients and those experiencing the product in our try before you buy program has been overwhelmingly positive. Even with this response,…
There is certainly talk of lenders being ready to move the automation needle, but how many have actually made the leap? Hiring additional resources continues to be the go-to strategy for managing current volumes, with mortgage leaders not ready to admit they should have done the vendor/technology research months ago (perhaps even years ago) to gain efficiencies. In my last…
