Mortgage Process Workflow

Mapping out your perfect Mortgage Workflow

Today’s loan origination landscape is forcing lenders to rethink their workflow engines to adapt to the new environment. The mortgage lending process is considered to be one of the more complex credit processes offered to retail customers. Without a strategic approach to designing the mortgage workflow engine, lenders will find themselves battling rising costs and…

Robotic Process Automation

Robotic Process Automation (RPA) in Mortgage Industry

Mortgage lenders are embracing disruptive technologies such as Artificial Intelligence (AI), Robotic Process Automation (RPA), Chatbots, etc. to gain a competitive advantage. The revolution in automation is also driving changes in loan origination, helping financial institutions like yours improve loan quality and decision- making, reduce costs and fight fraud. The average per-loan cost to originate…

Loan Processing System Automation

Benefits of Loan Processing System Automation

  Traditional mortgage lending is a complicated, time-intensive, and paper-heavy process. At a time when consumers expect faster and more streamlined digital lending experiences, traditional processes may no longer cut it. In recent times, many lenders have started the process of automating the loan processing system.  Loan processing system automation benefits both lenders and consumers…