Mortgage Servicing

Technology to the Rescue: the Next Generation of Mortgage Servicing 

Since the US housing market topped out three years ago, nearly a quarter of the nation’s housing value has vanished. Not surprisingly, this relatively sudden disappearance of equity has resulted in nothing less than a national foreclosure crisis, and it has stressed every corner of the mortgage service business.

It’s been a tough stretch to be sure, but I’m here to say that the industry is getting better for it.

Indeed, smart technology — really smart technology — has emerged across the last 18 months to handle this far less stable and far more demanding world.