In the study, participants cited a number of reasons for not yet reaching their digital mortgage goals, with about 44.1% blaming current internal technology limitations.
In the study, participants cited a number of reasons for not yet reaching their digital mortgage goals, with about 44.1% blaming current internal technology limitations.
"Fintech has been an underinvested segment and lenders’ interest in spending to improve digital outcomes is driving investment into mortgage technology."
The product suite walks prospective homebuyers through the mortgage application process step-by-step and enables clients to provides loan status and other information related to the borrower’s loan application via tools within the platform.
This automation of data exchange with MGIC reduces the time and increases the accuracy of the loan origination process.
"In order to satisfy all segments of the market, the survey results suggest a reasonable balance between automation and human interaction needs to be established."
There is ample opportunity to create a unique combination of internal resources, software vendor resources, and third-party partner resources to best fit priorities and budgets.
These professionals are often the cornerstones of companies in lending, servicing, investing or real estate, and we’re happy to shine the spotlight on their efforts.
These four super heroines are taking the mortgage industry by storm and leading the lending capabilities in their roles.
"Users of Mortgage Cadence’s Imaging Center can deliver non-delegated loan documents to Arch MI without using external websites, providing a completely on-platform and simplified user experience."
Mortgage Cadence’s end-to-end solution gives BECU total control, thanks to the addition of its software development kit, which provides enhanced configuration functionality to customize the already robust Enterprise Lending Center product suite to help BECU meet its evolving needs.
The platform is easy to use, yet still allows for continued customization and configuration to meet their unique business needs.
From application to compliance to closing, there's never a need to leave the platform.
"We are running about a million pages a month through Imaging Center and it has been a huge time saver in our operation." - Director of Residential Lending, Systems and Applications at Associated Bank
The system automates processes, manages documents and data and enables real-time messaging —all within a secure environment that all parties trust.
With over 100 Plannie Award submissions, Mortgage Cadence was selected as a finalist in The Marketing Mastermind category for their multi-channel event marketing of their annual user conference, Ascent.