For the new generation of homebuyers, digital lending means ease of use and digital communication methods. To the industry, it means all of that and more. The result is a new virtual land rush that we wrote about in a new white paper that is available now. Institutions that stake their claim first in the mind of the consumer will have first mover advantage in the new mortgage market. Digital lending is the new requirement, but there’s a fast pass available to lenders who want to get there now.
Each Vanguard excels in a wide range of skill sets but all share one common trait: the ability to lead, motivate and inspire their employees. Each of them are more than capable leaders that utilize their resources to solve problems, create solutions and drive innovation in their respective areas in the industry.
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.
Housing affordability is a crucial ingredient in any thriving community. And yet, in cities and towns across the country, there is a growing recognition that truly “sustainable communities” can be created only when multiple forces come into play. The cost of a home is only one of those factors.