Business Insider Intelligence
This way, clients who are approved can move on to the next stage of the mortgage loan process, and only select clients — perhaps those who are new to building credit or have had previous financial troubles — need to meet with a human to complete the underwriting system manually. Consumers look for lending companies that are able to reduce loan processing times and cut interest rates.By enabling a fully automated mortgage underwriting process, financial institutions can:
2008 ingredients back :)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: