Mortgage Industry Trends

Avoid Wielding the Axe, Time to Sharpen the Saw

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…

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News & Happenings at LoanLogics

Grateful at LoanLogics

Though it may have been hard to see at times in 2020, there is a lot each of us can be thankful for in both our personal and professional lives. With Thanksgiving this week, November considered gratitude month and this year certainly one for the record books, we wanted to conjure up some good vibes in our post this week.…

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Mortgage Industry Trends

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…

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Mortgage Data and Doc Processing, Mortgage Industry Trends, Mortgage Loan Quality, News & Happenings at LoanLogics

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…

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Mortgage Loan Acquisition, Mortgage Servicing Rights

Achieving Frictionless B2B Commerce in the Mortgage Industry

From “in app” one-click buying to your voice activated home assistant suggesting you reorder the coffee and paper towels you purchased last month, frictionless commerce is a reality for B2C retail shopping. The frictionless future is here thanks to the digital transformation this marketplace has had.  Companies that fail to deliver secure immediate gratification, information, and time-saving experiences to consumers…

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