The Final Frontier of Digital Mortgage

There are approximately 55 million custodial files in today’s mortgage environment, all dependent on physical documentation and archaic processes. While many elements of the mortgage landscape are being transformed with technology, custodial workflows are one of the few areas where a digital approach has not yet been successfully adopted.

Even as adoption of electronic records and workflows skyrocket, the value propositions for digitized documents—security, cost effectiveness, accuracy, convenience, speed—have not carried over to custodial workflow, which remain dependent on physical files.

This white paper will outline the benefits of digitizing custodial workflows and provide a look at one possible solution for introducing automation into the process.

Publisher: Iron Mountain
Date: June 2021

Most Popular Articles

Why brokerages and mortgage lenders are rushing into JVs

Joint ventures are suddenly stitched into the fabric of a handful of national brokerages. But the idea of the joint venture collides with the loose, informal networks that color the American housing economy. HW+ Premium Content

Oct 25, 2021 By and

Latest Articles

What does the future hold for appraisal tech?

HW+ Managing Editor Brena Nath had the opportunity to catch up with Global DMS President and CEO Vladimir Bien-Aime at MBA Annual to talk more about what’s next for the appraisal industry in terms of technology.

Oct 27, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please