Mortgage Industry Trends

Technology to Fight Pandemic Production Constraints

Welcome to part two of a discussion on how the pandemic has amplified the need for technology adoption in mortgage. In last week’s blog post, part one, we discussed how many lenders were left exposed in the pandemic unequipped with automated tools to facilitate access, accuracy, and productivity remotely. Thankfully though, there’s still an opportunity to adopt and train staff…

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Mortgage Industry Trends

The Pandemic Amplified Operational Weaknesses, Now It’s Time to Automate

The pandemic is definitely driving home the importance of automation and virtualization of business process. Those with less automation or automation that is not Software-as-a-Service (SaaS) based have been left exposed. Lenders that are still on legacy systems, using manual procedures and paper-based documentation, have probably already realized they are at a deficit now. Hopefully going forward, that will motivate…

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Mortgage Industry Trends

ICYMI: LoanLogics CEO Shares 2020 Insight in the News

In case you missed it (ICYMI) at the tail end of 2019, LoanLogics CEO, Bill Neville, provided commentary to Rob Chrisman, widely read industry commentator and veteran, about the 2020 outlook for the mortgage industry.  And just this month Bill did a detailed Q&A with the popular MBA Newslink® expanding that conversation even further.     The main message throughout both…

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