The role of technology

Authors :: Bush, Vanessa
Source :: America's Community Banker. Oct, 1997, Vol. 6 Issue 10, p37, 6 p.
Publication Year :: 1997
Abstract: The role of technology on the mortgage lending industry was presented. Technological innovations and computerization can help lending institutions in providing their clients with a faster, more efficient, and more accurate service at a lower cost. These new technologies can be applied in the processing of mortgage applications, in their underwriting and calling system, in credit reporting, and in recording mortgage transfer.<br />Technological Innovation Has Brought Great Change to the Mortgage Lending Industry. The Pioneering of More Powerful Loan Management Software and Internet Loan Origination Tools Could Lead Lenders and Borrowers Alike [...]