Brandon Brahms is a senior product manager at CoreLogic. He is primarily responsible for leading the strategic direction and development of the CoreLogic income and verification services solutions, over which he has P/L responsibility.
While many other industries have turned to technology to optimize manual processes, mortgage underwriting has continued to lag behind on digital transformation. But what if every origination wasn’t like putting together a piece of wobbly furniture?
For most underwriters, calculating income is a manual process, often characterized by inefficiency, inaccuracy and lack of standardization. When is someone going to be able to provide self, tax software kind of functionality for our mortgage underwriters? The answer: we’re on the precipice.