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Caroline BasileThe mortgage industry is leveraging technology like never before, streamlining processes across the spectrum of financing, maintenance, spending and real-estate. The blend of regulatory force and consumer objectives have set a higher standard for efficiency and transparency, calling for a significant financial investment of time, money and talent hitting the proper records both for.

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Colin Mease Cybersecurity dominated the tech landscape in 2016 after an archive quantity of data breaches. Regulators have actually continually warned organizations into the home loan business to make the issue seriously. See what Black Knight Financial Services has been doing to fight these threats and shield sensitive personal information.

Home loan banks have actually typically already been slow to embrace new technologies, and while technology which has had enhanced effectiveness, safety and customer expertise in a multitude of other companies (transportation, knowledge and retail, among others) is finding its means into the loan production process, plenty of chance nonetheless exists in other phases of this mortgage life period.

Source: www.housingwire.com
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