We have partnered with HousingWire to discuss where we are headed and how technology and other resources are now available to help with this mortgage cycle. In part two of our two part lunch and learn series, a panel of mortgage industry experts discuss key areas you and your organization need to automate.
One main takeaway – the mortgage industry is in a survival stage. But what does this mean? We have entered into the perfect storm of rising expenses, and organizations need to be well positioned to gain market share by implementing technology and automation solutions. Jodi Hall from Nationwide Mortgage Bankers & Americasa pointed out “if you don’t feel you are busier now more than ever, then you are not setting your business up for success. Work and prepare for next wave or downturn of business. Find different technologies and vet as much many humanly possible.”
During this session key topics are discussed, including our current market cycle and what makes it different, loan productivity, and how to transform the decades long origination process.