By Veronica Nguyen, BeSmartee Overwhelmed by the rapid advancement of artificial intelligence (AI) technology and its impact on various industries, including the mortgage industry? It’s important not to get caught up in the hype and get worried that it will replace mortgage jobs. Instead, think about how you can use AI as a tool… Continue reading AI, An Empowering Tool in Mortgages, Not a Substitute for Humanity The post AI, An Empowering Tool in Mortgages, Not a Substitute for Humanit...| Mortgage Innovators
Commentary from FundingShield’s CEO Ike Suri Wire and title fraud risk reached another new record in the first quarter of 2023 at 51.6% of transactions having at least one risk issue. With this all-time high percentage of issues, the impact of a single wire or title fraud event could be catastrophic. Cybersecurity and Cyber Insurance Mid-size… Continue reading FundingShield Q1 2023 Fraud Analytics The post FundingShield Q1 2023 Fraud Analytics appeared first on Mortgage Innovators.| Mortgage Innovators
Blog post by Polly Every year, billions of dollars are lost due to ineffective processes, system inefficiencies, and manual mistakes. As the mortgage industry shifts more and more toward modern, cloud-native technologies, one buzzword continues to stand out among the rest: automation. While automation can certainly help refine antiquated processes, it is important to… Continue reading Achieving a true future-state mortgage operation with automation The post Achieving a true future-state ...| Mortgage Innovators
Blog post by Polly We have talked before about Polly’s comprehensive suite of features and the robust functionality available within our only-of-its-kind, vertically integrated capital markets solution. We have shared the importance of being cloud-native and embedded with flexible lock desk automation, as well as details about Polly’s patent-pending technology architecture that enables us to… Continue reading Improving the efficiency and success of your mortgage operations through a mob...| Mortgage Innovators
Blog post by Polly Polly’s Founder and CEO, Adam Carmel, recently connected with the Mortgage Bankers Association for an executive conversation about the current state of the mortgage industry. The discussion was prompted by the interest rate spikes seen in H1 of 2022, creating the opportunity for lenders to evaluate existing gaps in their mortgage… Continue reading A market in flux can offer lenders a real opportunity The post A market in flux can offer lenders a real opportunity appeare...| Mortgage Innovators
Blog post by Lender Price Having an API is a great way to increase efficiency and flexibility, but it’s not enough. Many pricing vendors claim they have an API when in fact it has not been properly implemented or well-tested. It is only after numerous rounds of refinement and testing that APIs can be considered… Continue reading Legacy vs. Modern: Understanding APIs and Architecture Differences The post Legacy vs. Modern: Understanding APIs and Architecture Differences appeared first on M...| Mortgage Innovators
Blog post by TRUE Operations teams in the mortgage industry are under constant pressure to accelerate the manufacturing process, increase throughput, and minimize cost-per-loan. For many mortgage companies, however, this is easier said than done due to inefficient manual workflows that are error-prone, time-consuming, and costly. The stare and compare process is a great example… Continue reading Customer Perspectives: 4 Challenges We Hear from Mortgage Industry Operations Teams The post Cus...| Mortgage Innovators
Blog post by Reggora The downturn in the housing market has hit all parts of the mortgage industry hard. All parts of the industry, from appraisers to fintech companies, are planning for 2023. But what about real estate agents? The sharp drop in volume has left real estate agents, from the veteran to the newcomer, searching… Continue reading A New Revenue Stream for Real Estate Agents: Property Data Collection The post A New Revenue Stream for Real Estate Agents: Property Data Collection a...| Mortgage Innovators
Blog post by Reggora A recent white paper produced by Reggora draws upon research performed in conjunction with the STRATMOR Group, along with GSE research and multiple case studies to delve into the business challenges upon which to build an accurate ROI for appraisal technology. The resulting benefits for Reggora users include a reduction in the average… Continue reading STRATMOR and Freddie Mac Data Reveal the ROI of Appraisal Innovation The post STRATMOR and Freddie Mac Data Reveal th...| Mortgage Innovators
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