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Tag Archives: Mortgage Technology

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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Mortgage Technology’s Winning Formula

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Mike Flores, VP Sales & Marketing at Snapdocs Inc., explains how augmentation and automation is key for the mortgage industry, especially when there’s zero room for error due to regulatory and revenue risk.

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5 Reasons You Need Tech in Your Real Estate Business

Technology is becoming one of the single most important aspects and drivers of growth in the housing industry. Originators, servicers, investors, and others in real estate need to ensure that they are implementing different technologies within their businesses.

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