Three topics stood far above the rest in the feedback we received.
- Emerging Mortgage Technology
- Improving Operational Efficiency
- Creative Expansion & Growth Strategies
Our lender members are all focused on becoming more efficient, adding scale, and trying to make sense of the emerging technology in this industry. At a time when the intense regulatory climate leaves them with less time than ever to focus on playing offense instead of defense.
We also had our first monthly Lender Member Technology & Innovation Networking Call yesterday afternoon. We hit on many topics, but spent the most time talking about a truly paperless e-closing process as well as online consumer-direct mortgage application/pre-qual products that pull in borrower information real time through integrations. These are two products most of our lenders are looking at and assessing, but not yet currently using.