The Covid-19 pandemic brought the need to shift to a virtual workforce, while offering safe and socially distanced options for borrowers, all during a time which brought a historical increase in loan volume. Coupled with the rapid advancement of technologies in the mortgage space, this necessitates agility from financial institutions to rapidly enable, update, change and adapt their processes.
This PEX Network guide created in collaboration with ABBYY offers an overview of the current state of digitization in mortgage processing and discusses solutions for overcoming challenges that businesses encounter when digitizing the mortgage process. It also highlight the benefits that can be achieved, such as cost savings and enhanced efficiency when serving borrowers, drawing on insights from industry professionals the likes of Assurance Financial, Wells Fargo, MBANC and ABBYY.
Download this guide to uncover:
- How Assurance Financial implemented an award-winning online end-to-end mortgage.
- Insights from MBANC on the benefits of digitizing the mortgage process.
- Expert recommendations on overcoming digitization challenges.
PEX Network's reports provide in-depth research on a specific topic.
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