- Category: Blog
- Published: Thursday, 14 May 2015 13:35
As lenders find themselves under increasing pressure to push for more transparency, and with growing emphasis placed on containing costs in mortgage originations, automated workflows are becoming a necessity. Via a solid workflow management foundation, lenders can meet increasing regulatory demands and mandates – and stay ahead of the competition.
A wave of regulatory reform - from last year’s Quality Mortgage rule, to the upcoming Integrated Disclosures rule, has resulted in lenders constantly rushing around to adjust business processes and technology systems in a bid to stay afloat – and this can negatively impact upon quality and loan profits. Mortgage…