The theme this year for AmeriCatalyst's 12th annual event is "TIGHTROPE: Rebalancing Housing Finance". The event is an invitation-only, senior level peer-to-peer think tank focused on the state of the housing finance industry. "TIGHTROPE" is immediately followed by "RENTING THE FUTURE", focused on the state of Single-Family Rental and residential real estate on September 9 and 10. Together, both events cover the entire housing finance and residential real estate lifecycle featuring industry leaders in a uniquely candid and compelling dialogue.
The mortgage industry is leveraging technology like never before, streamlining processes across the spectrum of lending, servicing, investing and real estate. The combination of regulatory pressure and consumer expectations have set a high standard for efficiency and transparency, requiring a significant investment of time, money and talent to hit the right notes for both.
Ironically, the monkey on the mortgage industry’s back for the past 10 years — increasing regulation — is the very thing that forced companies to find efficiencies in every part of the process, which serves them well as they look to engage tech-savvy consumers. Even as the enforcement of some of those regulations is now in question, the long-lasting benefits of investing in automation will stand.
Mortgage banks have traditionally been slow to embrace new technologies, and while the technology that has improved efficiency, security and customer experience in a multitude of other industries (transportation, education and retail, to name a few) is finding its way into the loan production process, a lot of opportunity still exists in other stages of the mortgage life cycle.