3 ways to embrace the digital shift in mortgage servicing

first_img continue reading » Paper-based processes, labor-intensive procedures, poor accuracy and sluggish performance. These are the main factors that contribute to the sky-high operational costs and low borrower retention rates in the mortgage servicing industry. The only way to mitigate these major pain points is by embracing the digital shift that has shaped the expectations of today’s borrowers.Are you ready to enhance the borrower experience while reducing operational costs?3 ways to go digitalEmbracing these three strategic shifts will help your organization succeed.1. Move from a paper-based system to a digital databaseIt’s cumbersome and time-consuming to manage lengthy and complex mortgage documents, especially when you import the information in bulk. This often results in poorly organized information, which is stored in multiple formats. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

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