How automation and modernization position mortgage lenders for smart growth
Discover how the right automation platform is a key component of a forward-looking strategy.
As the mortgage lending market has tightened, lenders are competing for new business within a relatively small pool of qualified buyers.
According to Arizent Research:
- Almost four in 10 housing finance professionals name unaffordability as the biggest near-term challenge for the industry
- 41% of traditional mortgage lenders say a lack of qualified buyers is the greatest challenge they expect to face
The current tightness isn’t expected to last, but mounting challenges — including increased competition and a lack of top industry talent — are likely to linger.
This report from National Mortgage News explores how the right automation technology can help firms today and in the future. Discover:
- Why efficiency will be critical for navigating the next mortgage boom
- The importance of a content management system in boosting loan production
- The reasons many lenders struggle to find the right automation platform
- Key factors in enhancing the customer experience