Data Facts Lending Solutions Blog

Automation in Mortgage Lending: 4 Tools You Should Be Using Right Now

Posted by Matt Holmes

Jul 27, 2020 9:02:00 AM

Automation isn’t the way of the future- it’s the way of the present. And if you’re not automating your procedures, you’re missing out on a lot of potential revenue. About 20-30% of all revenue is lost due to manual processes, and about $2 Trillion is paid out in employee salaries for jobs that can be automated.

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Topics: Mortgage Lending, Verifications, Artificial Intelligence

3 years of Day 1 Certainty: What You May Have Overlooked

Posted by Matt Holmes

Oct 22, 2019 9:07:06 AM

Soon, Fannie Mae's Day 1 Certainty program will be turning three years old. At the outset, the validation program was widely known for its ability to offer lenders freedom from reps and warrants. But today, it turns out there’s a whole lot more to the benefits of Day 1 Certainty than lenders initially thought.

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Topics: Mortgage Lending, DU Day 1 Certainty, Verifications

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