Rick Roque co-founded Menlo Company in 2009, an m&a and retail mortgage banking firm whose focus is to help mortgage companies acquire or grow retail mortgage production across the U.S. He has helped acquire over $4 billion in retail production in the last three years through the effective use of next generation mortgage technology. Roque travels across the U.S. speaking at conferences and working with mortgage lenders grow target markets.
The next step to the advancement of digital mortgages lies with utilization of blockchain technology. This nascent technology will take all these measures and truly transform the industry from paper to digital, resulting in transparency, better data security and higher revenues from operational efficiencies.
If the underlying goal is to provide less negative ammunition for media outlets and improve the industry's image, it is counterproductive for lenders to speak against those regulations protecting the consumers.