It is no secret that the COVID19 pandemic has turned the world as we know it, completely upside down. We now spend a majority of our time working from home, and many in-person interactions that occurred in the workplace, now all occur via Zoom or similar digital engagement. Our lives have become more socially distant, in almost every regard. One silver lining of this pandemic, however, is that it has inadvertently led to increased innovation in the field of mortgage technology. Technological advancements have solved some of the most difficult challenges that Coronavirus has created in the mortgage industry. This is good not only for lenders and lending teams to stay productive, but also borrowers, to keep their re-financing options open and home purchase possible when it's not possible to go to your local lending branch or meet your loan officer for a coffee.
An Unexpected Side Effect of COVID19: How Lenders Can Pull Ahead During the Age of Innovation and Growth in Mortgage Technology
By
StreamLoan
on
July 06, 2020
in
big banks,
mortgage bank,
digital workflow,
work from home,
COVID-19,
Mortgage Technology,
tech innovation,
mortgage innovation,
lenders,
digital mortgage
An Unexpected Side Effect of COVID19: How Lenders Can Pull Ahead During the Age of Innovation and Growth in Mortgage Technology
5 Trends in Mortgage Technology During the 'New Normal'
By
StreamLoan
on
May 26, 2020
in
big banks,
commercial banks,
nonbank lenders,
Uncategorized,
digital workflow,
work from home
The world changed in 90 days. We went from roaming freely, looking at open houses, walking into our local branch for a mortgage, and many other all-so-routine activities. Then all the sudden it changed. Work from home. School from home. However, our businesses and work must continue. Luckily, we have technology that can help us adapt. Here are 5 trends we have seen with our mortgage lending clients: