It seems like the housing news headlines have gone from bad to worse in the past few months. A complete 180 from last year’s refinance boom, lenders now face the harsh reality of a high-interest rate market, coupled with the pre-existing housing shortage. But it’s not all bad news for lenders that are looking to combat profit loss and search for strategies that save valuable time and money.
Technology has come a long way since the last time mortgage rates were in the 5s, and modern, cloud-native tech solutions are at the forefront of innovation. When it comes to today’s dynamic lending environment, mortgage professionals who want to stop losses are specifically looking toward automation, powerful pricing engines and purpose-built loan trading solutions.
Download this white paper for a roadmap to deploying new technologies. Readers will discover how to identify and align on business goals to determine where technology can act as a true solution and not a Band-Aid to a deeper issue in their lending process.
Date: August 2022