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…

Mortgage Banking Ecosystem

Optimized Mortgage Banking Ecosystem

  Mortgage lenders are looking to optimize their Mortgage banking Ecosystem in a fast-changing landscape. The transformation of the Mortgage industry’s is imminent. Coupled with advancements in technology and evolving consumer expectations, today’s lending landscape is as complicated as ever.   Mortgage lending is a collaborative venture. Lenders partner with an array of service providers…

Mortgage Organization

How to reduce cost as you scale your Mortgage Organization

Recently, a number of factors have come together to decimate the profitability of the mortgage banking industry. Today, Mortgage Organization are facing pressure from all sides. Interest rates are at historic lows. Technology is reshaping customer expectations. And a global pandemic is stretching remote workforces thin and causing increased demand as more consumers seek to…

Mavent Compliance Service

Mavent Compliance Service (MCS)

In this article, we will be discussing about the Mavent Compliance Service (MCS) which is an additional feature in Encompass 360. Mavent Compliance Service is also called Encompass Compliance service. offers leading residential mortgage lending businesses an enterprise solution that ensures loans comply with federal and state regulatory compliance requirements, as well as investor requirements.…