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Tag Archives: LOS

The Loan Officer’s Best Friend

Digital POS systems make the loan officer’s job faster and the homeowner’s experience better. Learn what implementing a POS can do for your origination team. Editor’s Note: This feature originally appeared in the May issue of MReport, out now.

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Disparate Mortgage Tech, LOS Platforms Hold Lenders Back

A white paper released on Thursday claims the emergence of the Loan Originations System (LOS) as a stand-alone product has led to “technology sprawl,” wherein mortgage tech platforms are disparate, disconnected, and overall less effective. According to the paper, titled “Reducing the Sprawl in Mortgage Lending,” the mortgage industry is plagued by disconnected technology that slows the process down—and cuts into the bottom line. Lenders should move toward a singular, more comprehensive LOS that can handle the mortgage process from cradle to grave, the paper reports.

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