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…
Category: Mortgage Industry Trends
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…
2020 Housingwire Tech 100 Winner, LoanLogics – Explained
Last week, LoanLogics participated in the California Mortgage Bankers Association’s Mortgage Innovators (virtual) Conference, as both a sponsor and exhibitor. During the two-day event, we were featured during a 2020 Housingwire Tech 100 sponsor spotlight break. One of the publication’s managing editors, Brena Nash, sat down with me on a video chat to answer three questions about what driving factors…
Communication is the Key to Client Satisfaction
Communication is key in any successful relationship be it with your significant other, mother or mortgage technology vendor. Whether it is a request for an integration or feature development, being responsive with clear, accurate information is a key component of driving client satisfaction. For a technology organization to deliver on that, it is often a lot harder than it sounds.…