What is Digital in Mortgage?
Apr 24, 2017
Digital or Digitalization is an umbrella term for the services using digital technologies, mainly on the Internet, but also including mobile phones, display advertising, and any other digital medium.This is going to be a series of posts on digital mortgage, in the attempt to discuss and give a clear picture of what is the digita...
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From TRID to HMDA: Changes and Implementation
Jul 19, 2016
The mortgage industry is finally recovering from the TRID firestorm, where originators were dismayed with average time to close being 50 days. Profits were sinking like a big giant boulder recording as much as 60% reduction. Mortgage originators are now once again experiencing some positive headwinds. The average Time to Close is within a respectable range and profits are on the rise again, leading to many sighing breaths of much deserved relief but wait… here comes HMDA....
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Technology Impacts on the Financial Services Industry
Jul 11, 2016
Financial services sector has been mostly impervious to radical technical and business model changes. They have been able to maintain a relatively stable but profitable business models over the last few decades. Traditional businesses are now under siege from a whole host of innovators and technology changes that are forcing a re-think on the business models of the traditional financial services sector....
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