The hidden cost of mortgage tech: How workflow fragmentation is driving the “interoperability tax”
The cost problem lenders can’t automate away Mortgage lenders have spent years investing in automation, yet one metric continues to resist improvement: cost per loan. New tools promise faster processing, better decisioning and improved borrower experiences. For many lenders, however, those gains hav
Verification first: Why mortgage lending must rethink income — and how it actually works
For decades, mortgage underwriting has followed the same basic structure: verify income, review credit, apply ratios, and make a decision. The tools have improved. The thinking largely hasn’t. Automated systems like Desktop Underwriter and Loan Product Advisor can process loans faster than ever. But
GSEs ease prefunding rules, extend manufactured housing terms
The latest government-sponsored enterprise changes include a more flexible sampling and a longer maximum term for some manufactured housing loans, respectively.
Pamela Heman
Phone:+1(816) 810-5001