blogIndustry insights and expert opinions from Visionet's technology specialists
Extending the digital mortgage experience to borrowers improves engagement, lowers costs, and shortens closing cycles, but some users might need assistance with mobile technology. How can you address the borrower adoption bottleneck?
If you visit the Consumer Financial Protection Bureau (CFPB) website, it is evident that mortgage regulations are amended dozens of times each year.
As e-commerce continues to mature, more and more consumers have begun to treat online shopping as their preferred retail channel.
So many processes and regulations make creating a consistent, engaging borrower experience a challenge for lenders. Digital solutions help lenders improve efficiency and compliance by improving communication and reducing manual processes.
Digital services and solutions like process outsourcing, robotic process automation, mobile borrower apps, digital imaging, and platform integration vastly improve mortgage operations efficiency. This post covers these solutions’ benefits.