eOriginal®

Wolters Kluwer recently surveyed 110 mortgage and financial executives about their current and future plans for investment in staffing and technology, particularly as it relates to digital transformation in the mortgage industry.

Credit risk is rising. Borrowers are defaulting. Banks are failing. And, to make matters worse, regulatory scrutiny is intensifying. Unfortunately, today’s rigid and unreliable legacy lending ecosystem can’t help.

Part 1 of 2 addresses the results of our latest mortgage industry survey, digging into the outlook of industry professionals and the effects of the mortgage downturn on technology adoption

Approaching digital lending can be intimidating. Rather than try to do everything at once, lenders should start with what they need as they approach eMortgage and eClosings.