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…
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…
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…
Correspondent lending is built on relationships that now demand innovative technology that optimize the transaction process for both buyer and seller. That optimization should result in a fast turn time, trade transparency, reduced risk and of course profit. Loan Origination Systems (LOS), which have acted as a partial substitute technology, have long been used to facilitate the process and are…
For more than six years, Trevose, Pennsylvania, held the honorary distinction of LoanLogics’ headquarters. Over the years this office hosted countless clients, “all hands” company meetings, white boarding strategy sessions between cross-functional teams, and plenty of pretzel days (a bit of a “Philadelphia thing”) sponsored by our colleagues and local vendors. Trevose, Pennsylvania – former LoanLogics corporate headquarters office…
In the mortgage industry, compliance is a day in, day out task that like everything else is affected by business conditions. This is particularly true in a year like 2020 that tested business continuity plans, affected staffing, and redirected much of our attention away from managing the normal ebbs and flows of business to juggling the latest hot potato. (Many…
