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…
Category: 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…
Cloud Coverage: The Value of Cloud-Native Applications
Welcome to Cloud Coverage, a new series of blog posts that will explore everything you need to know about to cloud technology in the context of mortgage lending. This is the first installment. Stay tuned for future insights. Cloud-native is a bit of an emerging term in the mortgage industry, while “in the cloud” or “cloud-enabled” are more familiar software…
Technology Implementation, Planning for Launch
For those of us in technology, we have all heard it before, “Just sign on the dotted line and you’ll be up and running in no time!” But the reality of it is, implementing new software is never quite that simple. With over 13 years of project management experience, I can assure you that with some careful upfront planning technology implementation…
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…
The 2019 Most Popular LoanLogics Blog Posts
It’s 2020 and we are back with our first post of the year. As you can see new decade, new visually appealing user interface for blogics! Thanks for your readership in 2019. We packed a lot of content into the year, particularly in the second half, as our subject matter experts were energized to share insights with our growing audience. …