Mortgage Automation: The Silver Bullet to Profitability in a Post-Pandemic World
The mortgage industry has learned its lessons from the Covid-19 pandemic the hard way. With the crisis invading and disrupting every touchpoint of the mortgage lifecycle, the need for automation was desperately felt by lenders. It is now evident that in the coming days, digital technology would be at the forefront, reshaping the industry for withstanding the pressures of a recurring pandemic. While 2020 was a period of a reality check, 2021 would see the implementation of large-scale changes by lenders to set themselves up for the future.